EURGBP,
On the monthly TF price has bounced off the 50fib level, hence for the overall bullish move.
But since the bearish move on friday, a break below 127, will see a return too the - 61.8 fib level / Counter trend line.
Then depending on price action could see a retracement up too - 27fib level / trend line / monthly resistance at 129.
On the monthly TF price has bounced off the 50fib level, hence for the overall bullish move.
But since the bearish move on friday, a break below 127, will see a return too the - 61.8 fib level / Counter trend line.
Then depending on price action could see a retracement up too - 27fib level / trend line / monthly resistance at 129.