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traderpulse

EUR/GBP Technical analysis

Long
Euro / British Pound (FX:EURGBP)  
traderpulse  
FX:EURGBP   Euro / British Pound
Trend Analysis Wave Analysis priceaction traderpulse longsetup Ascending Channel
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trendanalysis waveanalysis priceaction traderpulse longsetup ascendingchannel
The counter is in an ascending channel formation.
The pair reached its supportive trendline and then bounced back with a pin bar and follow through the bullish candle.
Hence, we expect the pair to be bullish and reach the resistive trendline for now.
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