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linofx1

EURGBP: CORRECTIVE REBOUND

Euro / British Pound (FX:EURGBP)  
linofx1  
FX:EURGBP   Euro / British Pound
Support and Resistance Trend Lines Moving Averages
11
10
supportandresistance trendline movingaverage
↪️EURGBP is trading in a downtrend along a descending trend line. The bears take a breather at the yearly low as markets reassess the latest dynamics on early Friday. The recovery moves, however, appear elusive unless crossing a five-week-old descending resistance line. Meanwhile I'm expecting a Bullish corrective movement toward the target above...Trade safe 👍✅
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