EURGBP FORECAST

EURGBP has broken out long of yet another pennant after breaking above the local flag pattern.
We expect price to continue towards the next resistance level as RSI is also showing a nice uptrend.
Traders may wish to exit the trade upon a bearish break of trendline or MACD/RSI reversal.
1h4hbreakoutDaily ChartsEURGBPFLAGforecastPennantreversalsetup

Also on:

Related publications

Disclaimer