Chart of the Day EURGBP

EURGBP is retesting previous upside resistance

 

EURGBP is retesting previously broken upside resistance 0.9000. Ever since it bounced off 0.8900 the pair is moving sideways and is now retesting previously broken resistance for the upside continuation to 0.9200. A continuation here is valid for a high probability of long entry. Now only a daily close below the 0.8950 would invalidate the upside extension.

 

Note – Look for the long trade entries with the stop loss below 0.8970

 

Quote of the Day

To be confident in a trade you need patience

EURGBP chart

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