EURGBP: Oversold and Setting Up For Potential Upside

Long

Euro / British Pound (OANDA:EURGBP)

OANDA:EURGBP Euro / British Pound

Technical Indicators Trend Analysis Chart Patterns EUR euro GBP range oversold support

indicator trendanalysis chartpattern eur euro gbp range oversold support

EURGBP is currently oversold near a low point of a range as the GBP appears set up to decline against the USD more than the EUR. Due to this, I think that the EURGBP pair will rise in the short term.

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