Euro / British Pound
Short
Updated

DeGRAM | EURGBP back into the uptrend channel

245
EURGBP has returned to the ascending channel.

The AB=CD pattern has worked out a reversal of the movement.

The chart reached the resistance level.

We think that the price may correct to the support, which coincides with the 38.2% retracement level.


-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached

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.