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Alexander_Nikitin
Jul 12, 2020 9:54 AM

eurgbp. potential buy Long

FX:EURGBP1D
Euro Fx/British PoundFXCM

Description

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A potential cypher pattern is setting up. Will take some time to complete. No action until price reaches the D-point (if it ever completes).
Trend AnalysisHarmonic PatternsChart Patterns
Comments
ReallyMe
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Good idea! IMHO, pound sterling is increasingly behaving as unstable as a developing country currency in relation to the EUR and the USD (due to Brexit?). It is to be expected that the eur/gbp and usd/gbp will tend to rise in the long term.
RangerJm450
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When it reaches the D pattern it would go back to bullish right?
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