EURGBP is currently trading in a descending channel. Having tested a strong support area at 0.85500, price rallied to test the 0.86975 resistance area, failing to break neither at with this recent attempts. I expect EURGBP to break out of the channel to the upside creating another trend direction.
Entry 0.85980, Stops 0.85000 & Target 0.88000
Trading ideas are subjective. Individual analysis advised.
Entry 0.85980, Stops 0.85000 & Target 0.88000
Trading ideas are subjective. Individual analysis advised.