EUR/GBP: time to pull the trigger and fly?
As it can be inferred from the Weekly timeframe graph, the price has strongly rejected the local area of support by printing long and beautiful wick candles.
Zooming into the h4 timeframe chart, we may notice that the price has spiked below this specific support and grabbed liquidity before printing bullish moves.
While ranging between the borders of the sideways-moving channel, we are expecting for the price to continue rising and reach the area identified on the graph. Our sentiment remains strongly bullish and we believe that this move to the upside is more than possible.
Zooming into the h4 timeframe chart, we may notice that the price has spiked below this specific support and grabbed liquidity before printing bullish moves.
While ranging between the borders of the sideways-moving channel, we are expecting for the price to continue rising and reach the area identified on the graph. Our sentiment remains strongly bullish and we believe that this move to the upside is more than possible.
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.
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.