The bottom of the downtrend is possible if price touched the daily Demand zone (from 0.8400) and reacts to it.
If the Bulls comes in, i doubt the top of the trend might be able to push price downwards or cause a reversal, well, using the Macro perspective (monthly and weekly time frame), EURGBP have potential to go short.
EURGBP is close to the all time support (Monthly, Weekly and Daily).
If the Bulls comes in, i doubt the top of the trend might be able to push price downwards or cause a reversal, well, using the Macro perspective (monthly and weekly time frame), EURGBP have potential to go short.
EURGBP is close to the all time support (Monthly, Weekly and Daily).
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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.