Chance for Euro to gain power against Pound (short-term) Long

Euro Fx/British PoundFXCM

Description

⋅ Dec 10, 2019 1:36 AM

Reasons:
- Fibonacci Extension 1.62 is met, which gives a chance for a short term correction
- Lower band of the bearish channel is touched by price

This is only how we interpret the market

Comment

⋅ Dec 10, 2019 10:04 PM

Upside movement is triggered!