FX.co ★ EUR/GBP Pair Analysis by Tic Tac on 13/07/2017

"XO" Graph - step of 0.50%:

On the older chart, an exclusively upward trend can be observed.

The pair is trading on the rising wave of the uptrend indicating the strength of buyers.

The Relative Strength Index in the "X" column, also signifies the pressure of the "bulls".

A breakout above the 0.88 level earlier changed the main trend to an uptrend, thereby giving a strong signal to buy.

The initial target of buyers is the 0.915 mark.

The main target of the resistance zone will be at 0.94 region.

The point of balance suspension should be at a minimum of 0.87.

Trading recommendations:

Today, it is recommended to hold long positions.