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Investroy

EUR/GBP: the downtrending channel is still valid

Long
Euro / British Pound (FX:EURGBP)  
Investroy  
FX:EURGBP   Euro / British Pound
Support and Resistance Supply and Demand Parallel Channel EURGBP priceaction Technical Analysis forextrading investroy
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supportandresistance supplyanddemand parallelchannel eurgbp priceaction technicalanalysis forextrading investroy
After failing to breakout the lower boundary of the downtrending channel, the price is now showing some powerful bullish movements. A massive bullish candle served as a proof of bullish pressure. We are now expecting for the price to keep rising and reach the area of the upper boundary of the formed channel.

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