EUR/GBP reached buy target 0.9000

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  • EUR/GBP reached buy target 0.9000

  • Next buy target - 0.9100

    EUR/GBP continues to rise after the earlier breakout of the round resistance level 0.9000 (which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 0.9000 accelerated the active minor impulse waves (iii) and 3, which belong to the sharp intermediate impulse wave (3) from the middle of April. EUR/GBP is expected to rise further to the next buy target at the next strong resistance level 0.9100 (forecast price for the termination of the active impulse wave 3).

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