Price reacted strongly on 23% retracement level of recent highs . Bullish trend is intact and price might continue towards 093 if break the resistance level of 9067 which seems highly likely given the GBP weakness and sentiment. Also, it is worth mentioning that entire trading view pros are shouting for SHORT from previous months but price kept bouncing up and up. 89% retail traders are short on this pair according to myfxbook.
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.