In last week's analysis, we noted that a bullish triangle has formed on the EURGBP 4H Chart.
Price has indeed followed our prediction of retesting the new found support and bouncing back to the uptrend.
Price is likely to continue moving in an uptrend for the whole of next week until it meets the resistance marked by the yellow rectangle.
Thank you for reading and happy trading!
Disclaimer:
I am not a professional trader, financial/investment advisor, broker and/or dealer. The idea above is strictly based on my opinion and should only be used for entertainment/educational purposes only. Do conduct your own due diligence and do not act solely based on any information conveyed in this Trade Idea.
Price has indeed followed our prediction of retesting the new found support and bouncing back to the uptrend.
Price is likely to continue moving in an uptrend for the whole of next week until it meets the resistance marked by the yellow rectangle.
Thank you for reading and happy trading!
Disclaimer:
I am not a professional trader, financial/investment advisor, broker and/or dealer. The idea above is strictly based on my opinion and should only be used for entertainment/educational purposes only. Do conduct your own due diligence and do not act solely based on any information conveyed in this Trade Idea.