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Nov 2, 2023 1:12 PM

EURGBP Pennant Pattern Breakout  Long

SAXO:EURGBP60
Euro/British PoundSaxo

Description

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We expect further upside on this pair, signalled by the breakout of the pennant pattern. We can also see the formation of a new high and a breakout of two key levels which further supports our directional basis.

Trade closed: stop reached

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On to the next setup
Trend AnalysisChart Patternseurgbplongeurgbpanalysiseurgbpforecasteurgbpsignalpennantbreakoutpennantpatterneurgbpbullisheurgbpbuyeurgbpsetup
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