EUR.GBP - Daily Outlook

Updated

The EUR.GBP is one pair on my watchlist.

As yet I am unsure if we will be looking long on the bounce and breakout of .8370 or a break and retest of support / neckline.

I will be updating this post on the 1hr and 4hr TF if we can an entry.

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Price continuing to push towards the .8370 level, I don't think we will see a bounce or breakout this week so I will be picking this pair up again next week.

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Although it is too early to say, we could be looking at a break above .8590 which would give me an indication of a break of consolidation dating back to 16.01.2017

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We have now seen a break and close above this years trendline, I will be looking to take this pair long this week.

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A clean breakout occurred, still awaiting a pullback prior to a long entry.

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A perfect breakout that stalled around the .8800 level

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UnknownUnicorn180388

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