Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊
A few days ago price tarded inside from flat, where it sometimes fell to support area.
After flat, price bounced down and made downward impulse to $0.8570 level, which coincided with support area.
Thereby breaking past supports level and area and later British Pound bounced up and tried to rise, but failed and started to decline in falling channel.
Inside channel price broke supports level and area and now it trades close it.
Maybe British Pound can make correction, bounce up to resistance level, and try to break it.
After breakout, price can continue to rise to $0.8590 resistance line of falling channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
A few days ago price tarded inside from flat, where it sometimes fell to support area.
After flat, price bounced down and made downward impulse to $0.8570 level, which coincided with support area.
Thereby breaking past supports level and area and later British Pound bounced up and tried to rise, but failed and started to decline in falling channel.
Inside channel price broke supports level and area and now it trades close it.
Maybe British Pound can make correction, bounce up to resistance level, and try to break it.
After breakout, price can continue to rise to $0.8590 resistance line of falling channel.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
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