🔰You can see the analysis of the British pound to the euro in the 30-minute time frame (GBPEUR_ 30min)💣🔍
💥SUPPLY and DEMAND zones are indicated in the picture🧐 Due to the presence of the GAP in the chart and the presence of the price near the Support🧡, there is a possibility that the price will rise as a result of hitting the support line up to the Supply...
For the time being, the pair has just past the middle trend of its rising channel and has touched its falling trend.
(+) 1.17 level will be the target for the future. Apart from that, 1.20-1.21 levels should be followed if the price wants to touch the upper point of the channel.
(-) However, if prices come back from here, 1.12 will be a significant boost...
Looking for a tiny squeeze upwards to a major resistance zone, Then looking to place sell orders If I see a change of direction resisting that TOP & even more so if RSI is still in overbought territory. Comment below & let me know what you think!
