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CharlieGunner

Possible EURGBP Long Opportunity

Euro / British Pound (FX:EURGBP)  
CharlieGunner  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns
2
4
trendanalysis chartpattern
EURGBP is currently trading in a descending channel. Having tested a strong support area at 0.85500, price rallied to test the 0.86975 resistance area, failing to break neither at with this recent attempts. I expect EURGBP to break out of the channel to the upside creating another trend direction.

Entry 0.85980, Stops 0.85000 & Target 0.88000

Trading ideas are subjective. Individual analysis advised.
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