So what we can expect from EURGBP in the upcoming week?
We already now that EURGBP should go long for a few more years (based on Monthly analysis).
The main key is to find levels from where we can buy EUR against GBP.
In my opinion, at the moment we have to wait till correction will finish form a pattern and wait for signals, breaking patterns and etc.
So I will wait and watch how the chart will react around 0.90 and 0.88 levels.
From these levels, I will start looking for an opportunity to buy.
Thank you,
I hope you enjoyed. If you have any questions don't hesitate to contact me.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We already now that EURGBP should go long for a few more years (based on Monthly analysis).
The main key is to find levels from where we can buy EUR against GBP.
In my opinion, at the moment we have to wait till correction will finish form a pattern and wait for signals, breaking patterns and etc.
So I will wait and watch how the chart will react around 0.90 and 0.88 levels.
From these levels, I will start looking for an opportunity to buy.
Thank you,
I hope you enjoyed. If you have any questions don't hesitate to contact me.
DISCLAIMER: Any opinions, news, research, analyses, prices, or other information contained on this post is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.