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linofx1
Jun 3, 2023 9:40 AM

EURGBP: CORRECTIVE REBOUND  

Euro Fx/British PoundFXCM

Description

↪️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 👍✅
Comments
JoeChampion
Good job Pal!
FirstNameHelen
Beautiful idea friend. Thank you!
ArmanShabanTrading
Well explained!
Tolberti
This is a good idea, I like it!
LegionQ8
Very Interesting... Thank's for your efforts
VincePrince
Sometimes this is how the market really goes often. Worth the consideration.
RLinda
Good look at the market, I think the price will reach the target soon) Thank you)
view74
@RLinda, do you guess the target?
WalterMoon
Logical chart, I Like it
basictradingtv
supportive as always, thanks Lino!
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