EURGBP IDEA

From the look of things the overall trend on the D1 TF has been bearish, but as it turns out currently price has begin to experience a momentum from buyers thereby creating a double bottom and bullish engulfing formation to buttress the situation. Since price broke out of the bullish flag pattern on H1, I personally will look to go long when price breaks level 0.83833 place sl below the low of the the breakout level and take profit when orice gets around 0.84341 and 0.84628..

Chart PatternsTechnical IndicatorsTrend Analysis

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