EU has failed to break below support over last few weeks
EurGBP has been bullish
dxy has been bullish, but has been in a short term pull back since last wednesday allowing for EU to break out above the down channel
If Dxy continue to remain in consolidation or goes into a deep retracement we can then see EU running towards liquidity around 1.13 level
current trade in in play
entry1.11680
sl: 1.11700
tp: 1.1300
EurGBP has been bullish
dxy has been bullish, but has been in a short term pull back since last wednesday allowing for EU to break out above the down channel
If Dxy continue to remain in consolidation or goes into a deep retracement we can then see EU running towards liquidity around 1.13 level
current trade in in play
entry1.11680
sl: 1.11700
tp: 1.1300
Comment:
EurGBP inside a symmetrical triangle: Possible break to the upside would give eurusd a bullish bias
Comment:
1.13 cleared. Target hit