📊 Technical Analysis
● EURGBP confirmed a breakout from both the wedge and prior descending trendline, now holding above 0.8720 and grinding along the rising intraday channel.
● Bullish continuation is supported by a double retest of the wedge top, with 0.8751 as the next upside target in line with the channel resistance.
💡 Fundamental Analysis
● GBP weakened after dovish BoE statement warning of economic stagnation, while the Euro gained from improved German factory orders and hawkish ECB commentary.
✨ Summary
Buy above 0.8720; breakout continuation eyes 0.8751. Bull bias void on a 1 h close below 0.8710.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
● EURGBP confirmed a breakout from both the wedge and prior descending trendline, now holding above 0.8720 and grinding along the rising intraday channel.
● Bullish continuation is supported by a double retest of the wedge top, with 0.8751 as the next upside target in line with the channel resistance.
💡 Fundamental Analysis
● GBP weakened after dovish BoE statement warning of economic stagnation, while the Euro gained from improved German factory orders and hawkish ECB commentary.
✨ Summary
Buy above 0.8720; breakout continuation eyes 0.8751. Bull bias void on a 1 h close below 0.8710.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
90% accuracy in telegram
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t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
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.
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
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.