Peet_Serfontein

EURGBP: testing the 200-day

Long
OANDA:EURGBP   Euro / British Pound
A price action above above 0.8650 supports a bullish trend direction.
Bullish confirmation for a break above 0.8630.
The target price is set at 0.8675 (just above its 200-week simple moving average).
The stop-loss is set at 0.8560.
Building a base on major support, which might support the bullish trend.
Furthermore, a break above and slight reversal will support the 200-day simple moving average.

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