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FX.co ★ Daily Video Analysis: EURGBP holding nicely above trend line support, potential for a push up.

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Forex Analysis:::2021-08-16T09:31:03

Daily Video Analysis: EURGBP holding nicely above trend line support, potential for a push up.

EURAUD is testing a strong overlap support at 0.8501 along with a short term trend line support. It is also aided by the bullish momentum from the Golden Cross (50 x 200 SMA) and the Ichimoku cloud.

Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.

Analyst InstaForex
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