GBP/EUR has formed a flag pattern and to see its seems we have a false breakout, thats represented by the RSI showing overbought, so I would wait for the rebound to lower trendline for support and then the partial rise will be complete and then its a buy. Also the 50 MA is showing support and has crossed over with the 20 MA.Also, the price is in a separate area in the pitchfork
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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.