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Could EUR/GBP continue rising towards the 0.8650 level?

04/12/202204/12/2022

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A WORLD LEADER

IN FX & CFD TRADING

Sponsorship &
Social Responsibility

InterStellar Group aims to establish itself as a formidable company with the power to make a positive impact on the world.
We are also committed to giving back to society, recognizing the value of every individual as an integral part of our global community.

A WORLD LEADER

IN FX & CFD TRADING

04

2022-12

2022-12-04

Market Forecast

Could EUR/GBP continue rising towards the 0.8650 level?

EUR/GBP

Looking at EURGBP’s chart, we can see that the FX pair is traded 20 pips below its resistance level at around £0.8580. Today, if failed to break though the rate of £0.86, then we could expect it to drop further towards its next support level at around £0.8550 otherwise it should continue rising towards its next resistance level at around £0.8640-0.8650.

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