EURGBP change channel - GROWTH

Since the beginning of the month, we have been observing how this currency pair continues to move within a small downward channel.
I want to remind you of my last predictions that came true.

31 october

5 noveber

7 noveber


This channel began to form in early September, after a strong price increase. Given the momentum, this channel can be called the "Flag" pattern. And now, apparently, the price is completing the formation of this pattern.

Now we see that the price is crossing the crossover of the channels. The same September - in another, less stable but older - formed by strong lines of resistance and support.
Resistance in this case has been going on since May, support since April.


The price literally flows from one channel to another. Now it has stopped at the support line of the senior channel and I expect the price to start rising after that. And it will rise to the resistance line of the older channel.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻