The eurgbp pair is getting close to an extremely solid parallel support zone, where there is a good likelihood that it will move in a bullish direction similar to the last one. The price has confirmed my prediction over the past three to four times, and it is now heading toward the same area where there is a greater likelihood of a bullish move. Near the zone, we'll be searching for a reversal candle.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.