FX:EURGBP   Euro / Livre Sterling
A nice EURGBP triangle & flag pattern is forming. A break of the below horizonal structure and uptrend line could mean a possible slide to the downside with an overall ratio of about 4:1. Adversely, a break of the downtrend line could mean a move to the upside, which could grab at least 50 pips to the next structure with a 2:1 ratio. We will see how price action responds to coronavirus news as the fall continues. Depending on both fundamentals and technicals, we will have our answer and we can execute our trades accordingly.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.