EURGBP analysis on dated 21-8-2019

397

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 sma and 50 day moving average’s [Respectively at 0.91220 and 0.91380]

Type: Intraday analysis

Recommendation: Buy @ 0.91200  Target: 80 pips