WalterMoon

EURGBP - Price can bounce up and exit of triangle

Long
FX:EURGBP   Euro / British Pound
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊

When price started to decline inside from falling channel, it broke $0.8885 level and fell below support area to $0.8800

Next, British Pound bounced up, exited of channel, and started to move inside from flat.

But soon, price continued to decline and fell again to $0.8790 support level.

Then price broke this level too and declined to support line of triangle.

Also, British Pound made strong upward impulse to resistance area and recently broke $0.8885 level.

I think price can bounce up and break resistance line of triangle.

After this, maybe British Pound will retest and continue moving up to $0.8935

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