See a channel formed on daily chart on EURGBP 0.20% .
We have hit the bottom channel and we can see that there is a retest, If price can hold at bottom channel then we could see price move up.
We also see a convergence on RSI which could suggest price reversal.
This could be a risky trade as we would be trading against trend but you could wait till price gets to top of channel and trade that.
Thank you
We have hit the bottom channel and we can see that there is a retest, If price can hold at bottom channel then we could see price move up.
We also see a convergence on RSI which could suggest price reversal.
This could be a risky trade as we would be trading against trend but you could wait till price gets to top of channel and trade that.
Thank you