Euro / British PoundUpdated EURGBP Weekly High and consolidated
So,
1. EURGBP is at its weekly highest.
2. Good period of consolidation can be seen on hourly.
3. Market structure is breaking.
4. Rectangle/H&S/Neckline has been formed and is breaking decisively.
Target should be low of the week/month.
1. EURGBP is at its weekly highest.
2. Good period of consolidation can be seen on hourly.
3. Market structure is breaking.
4. Rectangle/H&S/Neckline has been formed and is breaking decisively.
Target should be low of the week/month.
Note
5. Lots of pins on top.
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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.