EURGBPH1
EUR/GBP has formed a channel and is testing the strong support on the 0.8425. The MACD indicates a reversal from this level and the first target is on the support level of 0.8483 within the channel.
EURGBPH1
EUR/GBP has formed a channel and is testing the strong support on the 0.8425. The MACD indicates a reversal from this level and the first target is on the support level of 0.8483 within the channel.
In general, the forecast is fully justified itself.
It's classic. But there is a big possibility the channel will finally be broken.