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EUR/GBP has formed a channel by tradersmith for May 12, 2017

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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.



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  • tradersmith
    • #

    In general, the forecast is fully justified itself.

  • Eger127
    • #

    It's classic. But there is a big possibility the channel will finally be broken.


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