EURGBP - Intraday - We look to Sell at 0.9108 (stop at 0.9138)
Broken out of the triangle formation to the downside. The formation has a measured move target of 0.8560. Bespoke support is located at 0.9017. Risk/Reward would be poor to call a sell from current levels. Reverse trend line resistance comes in at 0.9087. Bespoke resistance is located at 0.9108.
Our profit targets will be 0.9020 and 0.8860
Resistance: 0.9087 / 0.9108 / 0.9200
Support: 0.9017 / 0.8856 / 0.8800
Broken out of the triangle formation to the downside. The formation has a measured move target of 0.8560. Bespoke support is located at 0.9017. Risk/Reward would be poor to call a sell from current levels. Reverse trend line resistance comes in at 0.9087. Bespoke resistance is located at 0.9108.
Our profit targets will be 0.9020 and 0.8860
Resistance: 0.9087 / 0.9108 / 0.9200
Support: 0.9017 / 0.8856 / 0.8800
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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.
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.