Eurgbp has been forming higher lows and higher highs, Looking at the weekly chart, it seems we are in a clear uptrend with the huge U pattern developing.
If buyers momentum continues at this pace, price could move into 0.9.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
If buyers momentum continues at this pace, price could move into 0.9.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
Comment:
This is a possible scenario that could happen looking at the renko brick charts !