EURGBP 2H Chart Update.

1 Ağu 2020

As mentioned in the previous analysis the pair is approaching to the formation of a bullish pattern. In the meantime, looking at the 2H chart, we can see that the price is below the 200 SMA. In this case we can wait the formation of a new LH an the price to retracing on Fibs levels before to take any short positions.