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EURGBP breaks to lowest level since August 2022

The EURGBP is tumbling lower in trading today. The price is currently down -0.47%, and in the process took out the lows from early June at 0.85667. The pair is also below swing lows from December 2022 between 0.8546 and 0.8559. The low price just reached 0.8543. The close risk would be the early June low of 0.85667. A more conservative risk level of the daily chart would be near 0.8600 (see red circles on the chart above). Drilling to the hourly chart below, The price was corrected on Monday and... Read More

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Content Topics

Eurgbp

Breaks

Lowest

Level

Since

August

2022

Forex

Posted: Jun 9 2023, 15:59

Author Name: forexlive

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