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Mihai_Iacob
May 10, 2022 8:37 AM

EurGbp- 0.85 is now strong support Long

Euro Fx/British PoundFXCM

Description

After finding a strong base under the 0.83 zone and testing this zone multiple times this year, EurGbp has strongly broken above 0.85 zone resistance last week.
Now the pair is looking upwards towards the next resistance at 0.87 and, in my opinion, dips around 0.85 should be bought.
A dive under 0.84 would negate this scenario
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