In the last month EUR/GBP made a retrace between 38 and 50 a lot in all time layers. Now this retrace level is hit in the daily charts. Also in this area there is the uptrend which should give a lot support, to get back up above 0.90.
Trade active
Comment:
Now it looks like that it will go up again. Next Target ist 0.93
Comment:
The direct attack of the 0.90 was not possible for GBP/EUR, but not with another retest should bring it up above 90 now. All EMA Lines (200,50,20) are also successfully crossed.
Comment:
*EUR/GBP is correct
Comment:
Because this is a one year idea, the trade is still active with the same targets mentioned above!