EURGBP – ON MY WATCHLIST FOR THIS WEEK. The pair broke the wedge support last week. Although a descending wedge is normally a bullish sign, there was no bullish signal and it moved inside the wedge again and closed below wedge support around 0.8825/30 on Friday (new Resistance now). If the bears can maintain these levels we should see a drop to 0.8670/80 support zone.

EURGBP - DAILY

Source: MARYNA

One thought on “EURGBP ON MY WATCHLIST THIS WEEK:”

  1. BigPerM_99 says:

    Thanks Maryna! Appreciate the post! Ill add this pair to my watch list.

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