EURGBP is in the bat completion zone at 886= 8370 however it can also extend to become an alt bat @ 8850(113).
X=8786, A=8295,B=8530,C=8382.
D= 8370(886) BAT.
D=8850(113) ALT BAT.
X=8786, A=8295,B=8530,C=8382.
D= 8370(886) BAT.
D=8850(113) ALT BAT.
Comment:
Comment:
EURGBP is at support zone, it could test 8650-8630 too, however break below 8600 then next lower price target @ 8480.
Short term downside is the likely route, however if price holds above 8600 then higher upside prices @ 8850 (113) ALT BAT completion.
Short term downside is the likely route, however if price holds above 8600 then higher upside prices @ 8850 (113) ALT BAT completion.
Comment:
EURGBP held support and broke out to the upside, this implusive move needs follow through and is on its price target to 8850.
Break above 8850 and 8950-9000 are highly possible price zone.
Break above 8850 and 8950-9000 are highly possible price zone.
support for upside price zone =8670-650, break below 8650 then downside price:
PRICE ZONE1=8600, PRICE ZONE 2= 8480.