EUR/GBP extends its winning streak since March 3, hovering around 0.8440 during Tuesday’s European session. The pair gains momentum as the European Union (EU) considers boosting defense spending through joint borrowing, EU funds, and an expanded role for the European Investment Bank (EIB), with crucial decisions anticipated by June.
⭐️Personal comments NOVA:
EURGBP H1 breakout price zone retreats, continuing the uptrend
⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order.
⭐️NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.