The Traderszone Network

Published in TZ Latest News 23 September, 2016 by The TZ Newswire Staff

Forex technical analysis: EURGBP reaching for the highs

Buyers in control
The EURGBP is pushing higher in the last few minutes of trading, and in the process is testing the highs for the day at the 0.8675. A move above that level will have traders eyeing the August high of 0.87237 reached on August 16th.  A break of that would be 3 year highs for the pair (last traded on August 7, 2013).