📊 Technical Analysis
● Price has punched through the month-long descending-channel roof and is holding the break, carving a tight bullish flag along a fresh up-trend line.
● Rebound from the 0.861 demand created an inverted H&S; its 1 : 1 projection aligns with the 0.8681 pivot and the March high at 0.8703, while RSI remains mid-range, leaving upside fuel.
💡 Fundamental Analysis
● Softer UK wage-growth and uptick in jobless claims revived talk of an August BoE cut, whereas a surprise rise in the Euro-area ZEW expectations index hints at stabilising growth, nudging rate-differential momentum toward the euro.
✨ Summary
Long 0.8650-0.8665; sustained trade above 0.8640 targets 0.8680 → 0.8703. Invalidate on an H1 close below 0.8610.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
● Price has punched through the month-long descending-channel roof and is holding the break, carving a tight bullish flag along a fresh up-trend line.
● Rebound from the 0.861 demand created an inverted H&S; its 1 : 1 projection aligns with the 0.8681 pivot and the March high at 0.8703, while RSI remains mid-range, leaving upside fuel.
💡 Fundamental Analysis
● Softer UK wage-growth and uptick in jobless claims revived talk of an August BoE cut, whereas a surprise rise in the Euro-area ZEW expectations index hints at stabilising growth, nudging rate-differential momentum toward the euro.
✨ Summary
Long 0.8650-0.8665; sustained trade above 0.8640 targets 0.8680 → 0.8703. Invalidate on an H1 close below 0.8610.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.