EURGBP GROWTH to a resistance zone

Let me remind you that over the past month we have observed how the price flows from one channel - a long upward channel from April 2020 to a smaller downward one - from September. The transition process began back in October when the channel lines crossed for the first time.



As you can see, the transition process has already been completed and the price is completely in the descending channel. Now it has almost come close to the lower border of this channel - the support line at 0.888.

The price broke this line only once, but, as you can already see, it returned to the channel boundaries. In addition, the support level passes at this point.
And I expect the price to start rising from now on.
Target - 0.899 resistance zone
At this point, two resistance lines intersect.

Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻