Against the British pound, the euro is definitely not doing well this Friday. What's going on?
EURGBP got a boost
Information is not investment advice
On H1 of EURGBP, the pair has been moving up. RSI indicator is near the overbought area but hasn't crossed it yet. Additionally, on H4, RSI hasn't reached the overbought territory. It signals a possible continuation of the rise. We can anticipate an upward movement at the level of 0.9149. The targets are placed at 0.9165 and 0.9178.
If the pair moves down, the fall will be confirmed at 0.9127.
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