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The post EUR/GBP extends breakout above multi-month range – Société Générale appeared on BitcoinEthereumNews.com. EUR/GBP has continued higher after breaking out of its multi-month consolidation in October, setting an interim peak near 0.8820, Société Générale’s FX analysts note. Support at 0.8740/0.8710 key for EUR/GBP trend “EUR/GBP broke out above the upper boundary of its multi-month consolidation in October resulting in extension of the uptrend. It has established an interim high near 0.8820. A brief pause is taking shape; upper limit of previous range and the 50-day moving average at 0.8740/0.8710 could be an important support zone.” “Defence of the moving average may lead to continuation in up move. Beyond 0.8820, the next projections are located at 0.8870/0.8910.” Source: https://www.fxstreet.com/news/eur-gbp-extends-breakout-above-multi-month-range-societe-generale-202511110957The post EUR/GBP extends breakout above multi-month range – Société Générale appeared on BitcoinEthereumNews.com. EUR/GBP has continued higher after breaking out of its multi-month consolidation in October, setting an interim peak near 0.8820, Société Générale’s FX analysts note. Support at 0.8740/0.8710 key for EUR/GBP trend “EUR/GBP broke out above the upper boundary of its multi-month consolidation in October resulting in extension of the uptrend. It has established an interim high near 0.8820. A brief pause is taking shape; upper limit of previous range and the 50-day moving average at 0.8740/0.8710 could be an important support zone.” “Defence of the moving average may lead to continuation in up move. Beyond 0.8820, the next projections are located at 0.8870/0.8910.” Source: https://www.fxstreet.com/news/eur-gbp-extends-breakout-above-multi-month-range-societe-generale-202511110957

EUR/GBP extends breakout above multi-month range – Société Générale

Author: BitcoinEthereumNews

Source: BitcoinEthereumNews

2025/11/11 19:18

EUR$1.1598-0.16%

NEAR$1.785+4.26%

MOVE$0.03865+2.38%

EUR/GBP has continued higher after breaking out of its multi-month consolidation in October, setting an interim peak near 0.8820, Société Générale’s FX analysts note.

Support at 0.8740/0.8710 key for EUR/GBP trend

“EUR/GBP broke out above the upper boundary of its multi-month consolidation in October resulting in extension of the uptrend. It has established an interim high near 0.8820. A brief pause is taking shape; upper limit of previous range and the 50-day moving average at 0.8740/0.8710 could be an important support zone.”

“Defence of the moving average may lead to continuation in up move. Beyond 0.8820, the next projections are located at 0.8870/0.8910.”

Source: https://www.fxstreet.com/news/eur-gbp-extends-breakout-above-multi-month-range-societe-generale-202511110957

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