EURGBP: Dovish BoE and Potential Upsides

By JoeChampion
Hey Traders, in today's trading session we are monitoring EURGBP for a buying opportunity around 0.85800 zone, EURGBP is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.85800 support and resistance area.
We would also consider the current dovish stance from the Bank of England, that should trigger further GBP weakness against EURO.
Trade safe, Joe.
Comment
Breaking above 0.86
Beyond Technical AnalysisBullish PatternsbuyEUREURGBPGBPTechnical IndicatorsLONGTechnical AnalysisTrend Analysis
JoeChampion
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