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EUR/GBP - Retest of old Resistance - BUY
Euro / British Pound
Long
EUR/GBP - Retest of old Resistance - BUY
By Scuba25
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Jun 5, 2019
1
Jun 5, 2019
Here we can see that the level of 0.883 has been very important in the past. More recently it has acted as strong resistance.
Price is now moving back down to that level after breaking. We look for a buy and consider this a retest.
Consider a target of around 0.895 but be wary and always keep yourself updated on price action.
Happy Trading
Support and Resistance
Scuba25
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