EURGBP after made a top around 0.92 was in a downtrend.
Recently the price took support from horizontal zone and price making higher highs and higher lows with in bullish parallel channel.
Now price is trading near the upper boundary of channel. The price may face a horizontal resistance too.
The bears will be active near the resistance zone.
Manage your trades accordingly.
Recently the price took support from horizontal zone and price making higher highs and higher lows with in bullish parallel channel.
Now price is trading near the upper boundary of channel. The price may face a horizontal resistance too.
The bears will be active near the resistance zone.
Manage your trades accordingly.
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