Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊
Some time ago price declined lower support level, which coincided with support area, and started to trades in triangle.
In triangle, GBP made upward impulse to resistance line, breaking $0.8540 - $0.8570 levels and then turning around.
In a short time, price declined to resistance area and soon exited from triangle and broke $0.8570 level too.
After this, price fell to support area, after which it entered to rising channel, where GBP rose to $0.8570 level.
Also, price broke this level again and some time traded higher, but recently fell back to support line.
Now, I think British Pound can grow to resistance level and then bounce down to $0.8550, exiting from channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Some time ago price declined lower support level, which coincided with support area, and started to trades in triangle.
In triangle, GBP made upward impulse to resistance line, breaking $0.8540 - $0.8570 levels and then turning around.
In a short time, price declined to resistance area and soon exited from triangle and broke $0.8570 level too.
After this, price fell to support area, after which it entered to rising channel, where GBP rose to $0.8570 level.
Also, price broke this level again and some time traded higher, but recently fell back to support line.
Now, I think British Pound can grow to resistance level and then bounce down to $0.8550, exiting from channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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🔶 Free telegram channel👉 bit.ly/4fKXOY0
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
💎 ThinkMarkets Ambassador Join & explore bit.ly/4j6sALJ
🔥 Join our paid VIP community with Forex and Crypto signals in order to improve your trading skills, my contact 👉 bit.ly/4ibtiIs
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。