EUR/GBP - Bullish break on cards
A bullish break from the symmetrical triangle formation on the daily chart would open doors for a re-test of 0.8627 (July 6 high).
Moreover, a bullish break would also trigger a move in the daily RSI above zero, thus adding credence to the possibility of a re-test of 0.86269 levels.
On the lower side, only a daily closing below 0.8376 (23.6% of 0.75648-0.86269) would suggest bullish invalidation and a possible retreat to 0.80 handle.
Moreover, a bullish break would also trigger a move in the daily RSI above zero, thus adding credence to the possibility of a re-test of 0.86269 levels.
On the lower side, only a daily closing below 0.8376 (23.6% of 0.75648-0.86269) would suggest bullish invalidation and a possible retreat to 0.80 handle.
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