#EURGBP trend reversal pattern
It's only one of two possibilities: upcoming parliamentary elections in the UK will increase the volatility of the British Pound, the trend shown in the polls more than the sum of new economic data could weaken the GBP
Our levels could be between 50% and 61.8% Fibonacci retracement.
The second possibility is that the price continues the downward trend started by the double top to complete the 23.6% Fibonacci which matches the 0.71 psychological support
Our levels could be between 50% and 61.8% Fibonacci retracement.
The second possibility is that the price continues the downward trend started by the double top to complete the 23.6% Fibonacci which matches the 0.71 psychological support
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