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JayanVarsani

EUR/GBP - 4H 200MA SUPPORT | KEY SUPPORT LEVEL BOUNCE EXPECTED

Long
Euro / British Pound (FX:EURGBP)  
JayanVarsani  
FX:EURGBP   Euro / British Pound
Trend Analysis Technical Indicators Chart Patterns fx Forex Currencies GBPUSD EURUSD DXY Gold USDJPY S&P 500 (SPX500)
3
0
trendanalysis indicator chartpattern fx forex currencies gbpusd eurusd dxy gold usdjpy spx500
  • EUR/GBP has been playing the 4H 200MA for several weeks now and has again reached this support
  • History suggests a long position should be opened due to previous patterns with respect to the indicator
  • Long position opened, targeting the 61.8% fibonacci via a tight stop
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