Possible EURGBP Long Position
EURGBP looking bearish, making a series of lower highs and lower lows, bouncing of the descending channel's resistance and support lines several times failing to breakout in either direction.
Price is currently testing our previous major support level, with stochastics, rsi and cci all showing an oversold EURGBP creating room for an impulse move to the upside.
entry 0.89300, first target 0.89900 and second target 0.90300, sl 0.88900
Analysis is subjective
Price is currently testing our previous major support level, with stochastics, rsi and cci all showing an oversold EURGBP creating room for an impulse move to the upside.
entry 0.89300, first target 0.89900 and second target 0.90300, sl 0.88900
Analysis is subjective
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