EUR/GBP: IDEA
Currently @ 0.86862
The pair has been bullish and is showing no signs of being bearish any time soon
We expect the pair to test resistance @ 0.87200 before retracing back to 0.86500
which was previous resistance & also 23.6% Fib.
The pair might continue being bullish and break above resistance @ 0.87200 and test
next resistance @ 0.88.
According to the COT Report EUR is bearish so do expect some retracement.
link to previous analysis below
The pair has been bullish and is showing no signs of being bearish any time soon
We expect the pair to test resistance @ 0.87200 before retracing back to 0.86500
which was previous resistance & also 23.6% Fib.
The pair might continue being bullish and break above resistance @ 0.87200 and test
next resistance @ 0.88.
According to the COT Report EUR is bearish so do expect some retracement.
link to previous analysis below
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