TODAY ONLY EURGBP - Intraday - We look to Buy at 0.8955 (stop at 0.8925)
Price action has formed an expanding wedge formation. The trend of higher highs is located at 0.9092. The trend of higher lows is located at 0.8939. Dips continue to attract buyers. Our medium term bias is bearish below 0.8939 towards 0.8825. There is no clear indication that the upward move is coming to an end.