DeGRAM

EURGBP growth from strong support area

Long
FOREXCOM:EURGBP   Euro / British Pound
The price dropped to the support zone of 0.855.
In this area intersect:
- falling channel line (January 2021).
- Resistance line (Dec 2020)
- Resistance line (June 2020)
The price dropped from the resistance at 0.872 and came to the support at 0.855.
This is a strong zone.
I expect growth from this area towards the resistance area.
Target - 0.863

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