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alexkyp
Feb 9, 2020 9:15 PM

EURGBP long term projection  Long

Euro Fx/British PoundFXCM

Description

EG is been trading within the same box of 0.93 - 0.84 for the past 3 years, its once again on the bottom if where we can see a clear exhaustion of the bears several bullish candlestick formations and a very clear w formation on the daily timeframe . We can see the pair currently pushing towards 0.85 psycholigical line and break above it . A break above that are could indicate a clear further upward movement !
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