Hello, Traders!
EUR-GBP surged from the horizontal support, just as I predicted!
Now, it is retesting falling channel resistance again
That was respected multiple times
Therefore, it is reasonable to assume that it will be respected again
However, this falling channel can be seen as a bullish flag too
And from that perspective, a breakout up would be natural
But, I still expect at least a small pullback to the nearest support
Sell!
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✅Join My FREE Telegram Channel:
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Related publications
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.