EURGBP Oversold being a great buy opportunity.
EURGBP is approaching a Triple Support combination: Support A (0.85500), the bottom of the Channel Down, and the 1day RSI's Channel Down bottom.
The 1day RSI is also oversold under 30.00.
As long as the price closes over Support A, buy and target the top of the Channel Down at 0.87500.
If it closes under Support A, sell and target Support B at 0.83700.
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The 1day RSI is also oversold under 30.00.
As long as the price closes over Support A, buy and target the top of the Channel Down at 0.87500.
If it closes under Support A, sell and target Support B at 0.83700.
Follow us, like the idea and leave a comment below!!
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