EUR/GBP - CONFIRMED BULLISH RSI DIVERGENCE | DEMAND ZONE REACHED
- See my previous idea linked below on my mid and long term thoughts on EUR/GBP as I concluded that we are in an extremely high demand zone area with very strong support
- Given that outlook and forecast, we now have an entry point with the 2H RSI printing bullish RSI divergence as well as the 4H also
- First target will be the 61.8% fibonacci which is expected to be reached after an initial rejection to the next overhead resistance
- Very low risk/reward ratio at this current price so a long entry is therefore advised
Related publications
Disclaimer
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.