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stamoyo

EUR/GBP Plausible price action

Long
Euro / British Pound (FX:EURGBP)  
stamoyo  
FX:EURGBP   Euro / British Pound
Technical Indicators Trend Analysis Chart Patterns
3
0
indicator trendanalysis chartpattern
The pair bounces from a very strong support line and both RSI and MACD indicators are into bullish consolidations. The previous falling hammer foresees an upside move and so was the one today. It is a clear bull and only massive economic obstacles may push the price lower.
*Disclaimer: this is for educational purposes only*
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