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EURGBP Technical analysis 13.09.17

EURGBP

The price has reached the local target of 0.9000 as the released consumer inflation data in the United Kingdom turned out to be strong, which reinforced the expectations of the Bank of England raising the interest rates on the September meeting. If today's figures on the employment and average …

EURGBP Technical analysis 12.09.17

EURGBP

The pair is highly likely to continue falling if today's data on the consumer inflation in the United Kingdom turns out to be at least on the predicted level.

The price is below the lower Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold zone, …

EURGBP Technical analysis 11.09.17

EURGBP

The pair is still under pressure following the last week's release of positive data on British economy, moreover, the pair has been strongly overbought recently.

The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is above the oversold zone, Stoch are already there. …

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