EURGBP tested Dec' 23 support zone forming a double bottom. Upon a complete formation of bullish engulfing candle am going long.
Reasons:
(1) RSI below 40 indicates over sold
(2) Since Sep'23 the pair has not break the 0.85505 support zone
(3) Double bottom
Reasons:
(1) RSI below 40 indicates over sold
(2) Since Sep'23 the pair has not break the 0.85505 support zone
(3) Double bottom