EURGBP. On a reversal point

FX:EURGBP   Euro Fx/British Pound
29 1 4
EURGBP             pair has arrived to a critical level once again: historically. 0.77 has been a turnaround point.

This time the outcome is not as clear as on previous times: despite being a strong reversal point, the pair has been in a downtrend since almost seven years ago. On another side, Brexit, although lost some fuel, is still there and closer we get to the Referendum date, higher will be the volatility on all GBP pairs.

My view is that. if next weekly candle closes below 0.77 area, will short the pair, targeting 0.63. Otherwise, it may again pop to 0.80-0.82.
Comment: Arriving to a reversal point. If passed and secured, this is a good selling option for me (chart below)
Comment: 0.809 looks like a very good level for buying, targeting 0.91-0.95
Comment: And here we are: 0.90 looks really close now
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out