EURGBP still hasn't broken out of the falling wedge yet. Possibilities are that the bulls are yet to take control of the situation and force price out of the wedge pattern or the pair is consolidating, gathering enough momentum to rally. A break to the upside of the wedge signals long opportunities.
Entry at 0.88500 SL at 0.88000 and Targets at 0.89000 and 0.89500
N.B. Ideas are subjective, further individual analysis advised.
Entry at 0.88500 SL at 0.88000 and Targets at 0.89000 and 0.89500
N.B. Ideas are subjective, further individual analysis advised.
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