📊 Technical Analysis
● Price broke out of a six-day falling wedge and reclaimed the channel’s upper wall at 0.8538, flipping it into support and signalling trend reversal.
● A fresh sequence of higher-lows is guiding bids toward the 0.8558-0.8565 supply; a close above that zone exposes the next resistance cluster at 0.8577 → 0.8590 (wedge 1:1 objective).
💡 Fundamental Analysis
● Softer UK GDP revisions and firmer Euro-area CPI flash (still at 2.6 % y/y) narrow rate-differential expectations, underpinning EUR vs GBP.
✨ Summary
Long 0.8538-0.8550; targets 0.8577 then 0.8590. Bull view void on an H1 close below 0.8530.
-------------------
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● Price broke out of a six-day falling wedge and reclaimed the channel’s upper wall at 0.8538, flipping it into support and signalling trend reversal.
● A fresh sequence of higher-lows is guiding bids toward the 0.8558-0.8565 supply; a close above that zone exposes the next resistance cluster at 0.8577 → 0.8590 (wedge 1:1 objective).
💡 Fundamental Analysis
● Softer UK GDP revisions and firmer Euro-area CPI flash (still at 2.6 % y/y) narrow rate-differential expectations, underpinning EUR vs GBP.
✨ Summary
Long 0.8538-0.8550; targets 0.8577 then 0.8590. Bull view void on an H1 close below 0.8530.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
+30 PIPS.Perfect 1 Day Result!
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Crypto signals in telegram
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.