EURGBP - Long opportunity possible

FX:EURGBP   Euro / British Pound
Following some recent GBP strength, price has retraced. Reasons for the long trade:
  • Price is at the 38.2 % Fibonacci level of the recent upswing.
  • This is also an area of confluence with previous resistance.
  • Price has also retraced from the 61.8% to the 38.2% Fibonacci levels of the greater downswing
  • A double bottom with bullish RSI divergence and a pin bar on the 2nd test of support
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out