grahamfeliz

Ranging or will it make a break out?

FX:EURGBP   Euro / British Pound
It's ranging in the daily in the block indicated, 3rd time it's touched the lower bounds, not as strongly as the 2nd time. Meanwhile Rsi has a slight upward strength to it. So if strength is rising, price falling, are we heading to a break out to the downside? Or more of the same until a stronger fundamental narrative forces a price breakout?
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.