EURGBP has created a falling wedge model at the moment. gbp is fundamentally weak at the moment compared to eur. Break the high resistance trendline of the falling wedge and wait for a retest. Only receive a transaction if a postive retest occurs. The MACD buy signal and ROC have been subtly identified as being able to postive the price movement to confirm the addition.
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.
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.