London ready to Burts ?! EURGBP is up
EURGBP breaks out from falling wedge
EUR/GBP has been trading below sharp descending resistance after topping in early September at a multi-month high at 0.9258.
The pair may attempt to break out of the downtrend, which if successful could be met with an aggressive buying bout if it signals the start of a short-term recovery.
Having said that, EUR/GBP may cap its gain at stubborn resistance at 0.9190.
EURGBP
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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.