EUR/GBP is in a sideways movement in the 1-hour charts.
It is currently at its upper end of the range and has formed a bearish engulfing candle.
Hence we expect the pair to move to its lower end of the range - support at 0.89518.
It is currently at its upper end of the range and has formed a bearish engulfing candle.
Hence we expect the pair to move to its lower end of the range - support at 0.89518.
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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.