EURGBP - Symmetrical triangle inside the channel
A symmetrical triangle has started to form inside the channel, this triangle has started to become very narrow, meaning the price is looking more and more likely to breakout very soon. If the price breaks out the triangles resistance level, this could give it the boost that is needed to breakout this channel the price is currently in, the same can be said if the price breaks out the channels support.
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.
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.