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Jal121
Jul 22, 2021 3:36 PM

EUR/GBP - 4HR Chart - Interesting Spot! Long

EUR/GBPOANDA

Description

Price is currently trading around the 0.8570 region. We have seen strong rejection off 0.8564, combined with key level, trendline and 61.8 fib level bounce. If we see a bullish candle close buyers could take control. A break through could see a test of 0.85. We remain bullish on this pair having bottomed out on the HTF and rising COVID cases weighing on the GBP.
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