Euro / Livre SterlingMis à jour EURGBP
Daily chart, we have a long period of side-ways movement which shows us signs that it could end. I marked with dotted lines important zones of support and resistance. We can now seethe price testing 0.87 area. For me is no trade, for now. The price is struggling to break the falling wedge but around 0.875-0.88 there is heavy resistance + 0.236 Fibonacci and the moving averages. RSI formed a divergence which i marked with green. It will be interesting. Have patience for clear confirmation.
Note
tradingview.com/chart/NMZTf8CV/the falling wedge i was talking about.
Note
Broke the falling wedge, but it seems that it stopped in the resistance zone. let's see what happens next. not going long until it breakes the resistance and EMAs. But right now seems more bearish
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