Previously, the price trying to break out the level of 0.91260, but it shows a strong rejection, some upper long wicks were formed.
However, EURGBP showing 2 HH and HL. Also, the price was above the Short/Mid/Long-term EMA, indicating EURGBP currently on an uptrend and the trend should be able to last.
By that, we are expecting the price should first breakthrough 0.91260, close above this level, and doing some retests.
After all, the price may reach to 0.93195 (The weekly resistance).
TP: 0.93195
SL: 0.91039
Good Luck Traders!
EURGBP
However, EURGBP showing 2 HH and HL. Also, the price was above the Short/Mid/Long-term EMA, indicating EURGBP currently on an uptrend and the trend should be able to last.
By that, we are expecting the price should first breakthrough 0.91260, close above this level, and doing some retests.
After all, the price may reach to 0.93195 (The weekly resistance).
TP: 0.93195
SL: 0.91039
Good Luck Traders!
EURGBP