EURGBP Range Break

The euro currency is attempting to recover higher against the British pound after the pair finally found a price floor around the 0.8530 level. The four-hour time frame shows that the EURGBP pair has broken above a descending triangle pattern, around the 0.8590 level. The EURGBP pair could rally towards the 0.8690 area if the breakout from the triangle pattern remains valid.


The EURGBP pair is only bullish while trading above the 0.8590 level, key resistance is found at the 0.8660 and 0.8690 levels.


EURGBP pair is only bearish while trading below the 0.8590 level, key support is found at the 0.8570 and 0.8530 levels.



0 views0 comments

Credit 

Caution:

Trading involves the possibility of financial loss. Only trade with money that you are prepared to lose, you must recognize that for factors outside your control you may lose all of the money in your trading account. Many forex brokers also hold you liable for losses that exceed your trading capital. So you may stand to lose more money than is in your account. Smart Analysis Pvt takes not responsibility for loss incurred as a result of our trading signals. By signing up as a member you acknowledge that we are not providing financial advice and that you are making a the decision to copy our trades on your own account. We have no knowledge on the level of money you are trading with or the level of risk you are taking with each trade. You must make your own financial decisions, we take no responsibility for money made or lost as a result of our signals or advice on forex related products on this website.

PayPal

Credit  & Debit Card

  • Black Facebook Icon
  • Black Instagram Icon
  • Black YouTube Icon

© 2023 by Personal Life Coach. Proudly created with Wix.com