EURGBP two strong supports

The number of unemployed people in the UK increase what means that other currencies have the change to be stronger than GBP.

We can see an ascending channel, with a diagonal line making the support, and other one, the horizontal and it seems to be a support and in the past an old resistance.

We could wait to see if the candles will cross the line 0.87658, or just put a SL there using the ATR indicator
ascendingChart PatternseuroeurogbpeuropeGBPTechnical IndicatorslinesParallel ChannelpoundsupportTrend Analysis

Also on:

Disclaimer