Eurgbp current conditions

So let's look at eurgbp and see what is possible from this current level.

Based on basic rules of support and resistance we are looking at the previous buy zone and currently seeing a possible buy entry slowly appearing

We see that for this week the market has been holding it steady at this level

We also see the Rsi is almost oversold
We also see the Bollinger band touches

It would be good to note that if current level hold aor if on next return we don't see a break it could be considered as a long term holding position.

Right now we see a dynamic movement in terms of ranges

So let's see if the buy zone will go up to at least

0.85517