EURGBP: A Trade You Don't Want To MissEURGBP: A Trade You Don't Want To Miss
EURGBP is testing an old weekly support zone that proved to be strong several times.
Usually, we refer to normal support zones to observe the price reaction, but this time EURGBP is near a weekly area.
We have to be cautious at the moment because EURGBP may go down a bit more, but overall should rise from the weekly support zone.
The price tested this area in 2016, 2017, 2020 and 2022.
After the start of the uptrend, EURGBP rose by nearly +400 to +900 pips during the uptrend.
You may find more details in the chart!
Thank you and Good Luck!
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