EUR/GBP Long-Term Outlook. SWING BUY
EUR/GBP has been trading within a long-term range since 2016, and it’s currently sitting on a strong support level. Historically, this zone has acted as a launching point for price to move back toward the upper range.
I believe the pair is entering a new cycle and will likely resume its move to the upside. The current support suggests renewed buying pressure, and with no significant bearish catalysts in sight, we could see a return to the higher resistance levels in the long run.
Let’s see how this plays out—open to your thoughts!
I believe the pair is entering a new cycle and will likely resume its move to the upside. The current support suggests renewed buying pressure, and with no significant bearish catalysts in sight, we could see a return to the higher resistance levels in the long run.
Let’s see how this plays out—open to your thoughts!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.