EUR/GBP Experiences Bullish Bounce - 01.02.18

 | Feb 01, 2018 08:49AM ET

Currently we are at 0.8756 after the bounce which is bullish. We are looking for a continuation to the 0.500 Fibo at 0.8808 with the next target being the 0.382 Fibo at 0.8836. The average daily true range (ATR) for the pair is currently 63 pips.