EURGBP - Bull Flag @ Trendline based Resistance+ MACD Divergence
EURGBP has formed bull flag at dynamic trendline based resistance. This is the third tap on a long trendline making it a critical resistance zone in short term. To add confluence we also have a clear bullish divergence on MACD signaling that this time price might break through the trendline to form bullish sequence in short term.
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.