The Euro had a tough time against the British Pound pretty much since the second half of 2020. Now that the course has entered the yellow target box (0.86035 GBP - 0.84199 GBP), we expect a massive turnaround that will let the Euro valuate against the Pound. As it is indicated in the chart, we have already entered this market on the long side and expect the price to rise above 0.92916 GBP.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
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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.