The EUR/GBP is currently in an ascending channel in daily chart. It currently facing resistance at the upper trend line.
The pair broke an descending channel earlier which is indicated by red line in chart.
We expect the pair to take support at the broken trend line or to move towards lower trend line.
The pair broke an descending channel earlier which is indicated by red line in chart.
We expect the pair to take support at the broken trend line or to move towards lower trend line.
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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.