EUR/GBP - Bullish break on cards
A bullish break from the symmetrical triangle formation on the daily chart would open doors for a re-test of 0.8627 (July 6 high).
Moreover, a bullish break would also trigger a move in the daily RSI above zero, thus adding credence to the possibility of a re-test of 0.86269 levels.
On the lower side, only a daily closing below 0.8376 (23.6% of 0.75648-0.86269) would suggest bullish invalidation and a possible retreat to 0.80 handle.
Moreover, a bullish break would also trigger a move in the daily RSI above zero, thus adding credence to the possibility of a re-test of 0.86269 levels.
On the lower side, only a daily closing below 0.8376 (23.6% of 0.75648-0.86269) would suggest bullish invalidation and a possible retreat to 0.80 handle.
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.