EURGBP | TF: Daily | Bullish

٢٢ يونيو ٢٠٢٠

On EURGBP, the price has been contesting at the hourly support and resistance rectangular consolidation. It seems as if the candle may turn bearish and follow with resistance. After sellers enter and exit, the support will likely cause buyers to buy and rally the price to the Bearish OB, then rejected downwards to the second support zone. After a rebound, the price will continue to reject and rally on the Bullish OB. This is my long term analysis for the next months, not days or weeks.