FX_IDC:EURGBP   EURO / POUND STERLING
15 0 1
This pair has some upside potential to 0.8045 which also happens to be a quarterly high that has a high probability of offering a good resistance, that is the bare minimum target. If price moved higher i would expect a maximum of 0.8080-85. The liquidity pool that is pending to be taken at 0.7992 offers a short term target. This means that if the Euro             continues to gain strength to the upside and at the same time the dollar is gaining strength, the GBPUSD             or Cable will be the better short compered to EURUSD             which is likely to be held in a consolidation.
Comment: since we have seen the 0.7980 level reached at and the liquidity pool at 0.7945 taken, as we are at a daily ob and the within a higher weekly bearish ob i would expect that level to hold for now.

Related Ideas

United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out