EURGBP has been going through a long term correction(monthly chart). The correction seems to be bottoming out as the EURGBP has formed AB=CD pattern which has completed at around 61.8% FIb from its Top, We have bullish divergence on daily chart with RSI and MACD and there is an Ending Diagonal Pattern formed on Daily/4hr chart which has broken on upside now signaling the reversal. The candle stick patterns are showing a Doji/Hammer reversal patterns on Daily,Weekly and Monthly charts. One can go long with the defined risk reward on chart.
Happy Trading!!
Happy Trading!!