claudiowall
Long

#EURGBP trend reversal pattern

FX:EURGBP   Euro / British Pound
It's only one of two possibilities: upcoming parliamentary elections in the UK will increase the volatility of the British Pound, the trend shown in the polls more than the sum of new economic data could weaken the GBP
Our levels could be between 50% and 61.8% Fibonacci retracement .

The second possibility is that the price continues the downward trend started by the double top to complete the 23.6% Fibonacci which matches the 0.71 psychological support

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out