EURGBP : will the price have enough strength to grow in a trend?

11 มี.ค. 2021

Since mid-December, the pair has fallen sharply. And now it continues to fall adhering to the lower boundaries of the formed trend. The pair moves between the thread lines and the resistance line in the middle of the channel. Now we can expect that the price will correct to the support of 0.852 and after that it will rise to the resistance of 0.861 (along the way, breaking through the nearest resistance of 0.858).
SL - 0.847.

Remember, there is no place for luck in trading - only strategy!
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