WalterMoon

EURGBP - Price can make small correction and then start rise

לונג
FX:EURGBP   יורו / לירה שטרלינג
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊

Recently price bounced from support level, which coincided with support area, and declined to support line of triangle.

GBP turned around and made strong upward impulse to resistance line, breaking $0.8610 and $0.8545 levels.

But then price started to decline and in a short time fell to $0.8545 level, breaking resistance level again.

Then GBP fell to support line of triangle and at once bounced up, thereby exiting from triangle pattern.

Also, price broke $0.8545 level and now it continues to rise, so, in my mind, British Pound can make correction move.

After this, price will turn around and start to move up to $0.8590 points.

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