EURGBP is moving in a descending channel above the trend lines.
The chart broke the trend line and resistance level and reached the 38.2% retracement level.
We expect the rebound to continue after consolidation above the resistance.
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The chart broke the trend line and resistance level and reached the 38.2% retracement level.
We expect the rebound to continue after consolidation above the resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.