*BEFORE ENTERING TRADE WAIT FOR A CONFIRMATION OF A SUCCESSFUL BREAKOUT OF A RETEST ON NEW SUPPORT AREA*
- EUR/GBP is in a descending triangle pattern and is likely to break out and go back up to previous resistance areas
- EUR is very bullish right now whereas GBP is bearish. UK’s PM will be making an announcement at 8PM tonight GMT possibly about extension of the current lockdown and new restrictions for lockdown in the U.K. which will act as a Bearish stimulus and could assist EUR/GBP in making Higher highs.
EURGBP
- EUR/GBP is in a descending triangle pattern and is likely to break out and go back up to previous resistance areas
- EUR is very bullish right now whereas GBP is bearish. UK’s PM will be making an announcement at 8PM tonight GMT possibly about extension of the current lockdown and new restrictions for lockdown in the U.K. which will act as a Bearish stimulus and could assist EUR/GBP in making Higher highs.
EURGBP