EURGBP is under a descending channel between the trend lines.
The chart has reached the support level and the lower trend line and then finished forming a harmonic pattern.
Now the price is holding above the support level and is near the lower boundary of the channel.
We expect a rebound after support retest and consolidation in the channel.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
The chart has reached the support level and the lower trend line and then finished forming a harmonic pattern.
Now the price is holding above the support level and is near the lower boundary of the channel.
We expect a rebound after support retest and consolidation in the channel.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.