EURGBP Will Go Higher! Buy!

captura
Please, check our technical outlook for EURGBP.

Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 0.854.

The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.855 level.

P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.

Like and subscribe and comment my ideas if you enjoy them!
buyChart PatternscurrencyEURGBPforecastForexLONGsignalsswingtradingTrend AnalysisWave Analysis

✅JOIN FREE TELEGRAM: t.me/signalsproviderfx

💰FREE & PREMIUM SIGNALS: t.me/signalsproviderfx

🌐WebSite: signalprovider.org/
🔝Best Broker: icmarkets.com/trading-markets/forex/?camp=51166
Também em:

Publicações relacionadas

Aviso legal