Get started
traderpulse

EUR/GBP Analysis

Short
Euro / British Pound (FX:EURGBP)  
traderpulse  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns EURGBP eurgbpshort eurgbp1h
4
0
trendanalysis chartpattern eurgbp eurgbpshort eurgbp1h
As we suggested earlier,EUR/GBP has broken out from a descending channel and formed an ascending channel.
Now it has reached the top of the ascending channel and so we can expect the price to retract to test the downward sloping trendline of the descending channel.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.