EURGBP analysis on dated 05-7-2019

The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 day moving average’s [Respectively at 0.89570 and 0.89430]

Type: Intraday analysis

⟰Recommendation: Buy @ 0.89600 Target: 50 pips