Alternative technical biases:
Long-term: Northward, particularly should price action break above 0.88445
Short-term: Southward, with a retracement to the 0.86995 area
I may be wrong. Trade safe and prosper.
KP
Long-term: Northward, particularly should price action break above 0.88445
Short-term: Southward, with a retracement to the 0.86995 area
I may be wrong. Trade safe and prosper.
KP
DislikedIf you are tracking the EURGBP for trading opportunity this week, consider this technical perspective. The pair has been operating in a range for much of 2017. On the weekly time frame, price action moved from the lower part of the range in the second week of May and has pushed northward to the distal area of the range. Price action is now at a key resistance area and any break of the zone to the upside is likely to target the 0.88445 area, which was last visited in mid-January 2017. On the H4 time frame, price action is respecting an ascending...Ignored
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