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Underlying:EURGBP
Time frame:1D
EURGBP is now starting to find some nice support, this coincides with previous resistance and support. If you look at the Fibonacci retracement tool you will also see price hit the .5 retracement level and then begun to bounce.
Looking for a confirmation on the MACD now, I.e. we need it to cross the centre line to start being more bullish).
Target is going to be a moving target (red line). This red line will move with the top bollinger band so it will need updating each day.
Underlying:EURGBP
Time frame:1D
EURGBP is now starting to find some nice support, this coincides with previous resistance and support. If you look at the Fibonacci retracement tool you will also see price hit the .5 retracement level and then begun to bounce.
Looking for a confirmation on the MACD now, I.e. we need it to cross the centre line to start being more bullish).
Target is going to be a moving target (red line). This red line will move with the top bollinger band so it will need updating each day.