EURGBP - Cup & Handle Formation
Updated
1. Bullish cup & handle pattern forming.
2. Price is hugging the resistance 0.90027 area, waiting for buyer to push higher.
3. Once break this resistance, price is expected to head to 0.93223 area.
4. If breakout failed, price expected to move south to support 0.88631 area.
2. Price is hugging the resistance 0.90027 area, waiting for buyer to push higher.
3. Once break this resistance, price is expected to head to 0.93223 area.
4. If breakout failed, price expected to move south to support 0.88631 area.
Note
Breaking out now, looking for a pullback to enter Long.Note
Price broke out and hit resistance 9.0546.Price currently pull back and pending confirmation to go long.
Note
Price pulled back and consolidating at 0.90027 area.
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