Good Evening Traders,
The EURGBP may in the beginning stages of a break-out. Price has finally broken the recent resistance around .90000. This may now be a new area of support.
I will be watching for a pullback to the .90000 region to see if price is rejected. At this point, long-entry consideration will be made.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*
The EURGBP may in the beginning stages of a break-out. Price has finally broken the recent resistance around .90000. This may now be a new area of support.
I will be watching for a pullback to the .90000 region to see if price is rejected. At this point, long-entry consideration will be made.
Thanks for reading. If you liked my analysis, please give me a follow.
*The above is not investment advice but simply my analysis of the current market conditions*