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AFCapital21

EURGBP two strong supports

Long
Euro / British Pound (FX:EURGBP)  
AFCapital21  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators euro pound GBP eurogbp Parallel Channel lines support ascending europe
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trendanalysis chartpattern indicator euro pound gbp eurogbp parallelchannel lines support ascending europe
The number of unemployed people in the UK increase what means that other currencies have the change to be stronger than GBP.

We can see an ascending channel, with a diagonal line making the support, and other one, the horizontal and it seems to be a support and in the past an old resistance.

We could wait to see if the candles will cross the line 0.87658, or just put a SL there using the ATR indicator
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