The EUR/GBP pair seems to be making another run towards the upper resistance of the descending channel.
It has already visited this upper channel boundary 4 times since June 15, 2022. Perhaps it will visit 0.8503, in confluence with the 50-day moving average before continuing its way south. Although the Supertrend Indicator may suggest that the pair doesn’t have the sentiment to get close to the upper boundary.
It has already visited this upper channel boundary 4 times since June 15, 2022. Perhaps it will visit 0.8503, in confluence with the 50-day moving average before continuing its way south. Although the Supertrend Indicator may suggest that the pair doesn’t have the sentiment to get close to the upper boundary.
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Economic Calendar:
blackbull.com/en/economic-calendar/?utm_source=tradingview
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
blackbull.com/en/economic-calendar/?utm_source=tradingview
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blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Related publications
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.