EURGBP is currently rejected from at the bottom of big descending channel structure. In addition, this area also intersect with major daily TF inflection point to add more confluence. Its now already forming a bullish pennant continuation pattern. I will take a long trade with the break of this bullish pennant with sl below the structure and target up to 0.94800. Lets see how it will play out
Ordem cancelada:
The price never break this bullish penant structure but continue to trickle down, evolving iinto a more complex, bigger pattern. I will update the outlook with new idea