EURGBP retreated to bottom of price channel, could form whipsaw before recovering. target price: 0.8784. Both stochastics and RSI 4H are in oversold zone, signaling possible recovery
Fundamental: negative news from UK PM and DUP about North Irelands "hard border" would shrink GBP, fundamental of EUR remains solid
Fundamental: negative news from UK PM and DUP about North Irelands "hard border" would shrink GBP, fundamental of EUR remains solid
Note
strong support 0.8681 (fibo retrace 0.618)
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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.