EURGBP is bouncing off from the support confluence
EURGBP is bouncing off the 0.8500 a strong upside support confluence. This bounce is leaving EURGBP in the long-term consolidation triangle and could lead to an upside reversal to 0.8850. A break below 0.8530 is now required for a downside reversal. A break above 0.8580 will increase the possibility of an upside 300 pips swing.
Note – Look for the long trade entries with the stop loss below 0.8530
If you want to learn trading analysis and how to get to key trading levels like in this article register for Private Live mentoring with your trading evaluation.
Copy our trades!
