The Euro
versus the Pound has come back to its bullish trend and it has visited one more
time the 0.8000 level where we can also see the 200 Day EMA. If the price
breaks above the 200 Day EMA, we may get a good opportunity to go long, but
first we must wait for confirmation of the breakout and the pullback to the
same moving average before thinking going long. For now the zone is acting as a
good resistance area.
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Thank you for the excellent analysis!
ReplyDeleteVery nice tip I'll be watching EURGBP
ReplyDeleteGood analysis.
ReplyDeleteGood point, let's see.
ReplyDeletegreat analysis
ReplyDeleteWell done, thank you.
ReplyDeleteVery nice thank you very much.
ReplyDeleteVery nice tip, I'll keep an eye on the future.
ReplyDelete