EURGBP: Potential rebound on the trend line H4/D1

27 ก.ค. 2021

As we can see on the chart, the price is currently testing the trend line H4/D1 around 0.8507.
A rebound is highly probable and it might be interesting to anticipate a trend reversal in this area.
A first target could be 0.856 then 0.8600 and 0.8650.
The configuration will be invalidated if the price slides below 0.8498.