EURGBP is in the bat completion zone at 886= 8370 however it can also extend to become an alt bat @ 8850(113).
X=8786, A=8295,B=8530,C=8382.
D= 8370(886) BAT.
D=8850(113) ALT BAT.
X=8786, A=8295,B=8530,C=8382.
D= 8370(886) BAT.
D=8850(113) ALT BAT.
Note
EURGBP has tagged 1st price zone for a BAT @886= 8730, However if it is targeting an ALTBAT then price zone D= 8850(113).support for upside price zone =8670-650, break below 8650 then downside price:
PRICE ZONE1=8600, PRICE ZONE 2= 8480.
Note
Note
EURGBP is at support zone, it could test 8650-8630 too, however break below 8600 then next lower price target @ 8480.Short term downside is the likely route, however if price holds above 8600 then higher upside prices @ 8850 (113) ALT BAT completion.
Note
EURGBP held support and broke out to the upside, this implusive move needs follow through and is on its price target to 8850.Break above 8850 and 8950-9000 are highly possible price zone.
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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.