EURGBP: 1M PP Support Key to Avoid Further Downside
Hello,
EURGBP has driven the price upwards, and now the 1M PP must hold as support. If it fails to do so, further downside could be likely. It's important to remember that the pair is still largely under bearish influence, and maintaining a cross and lock above the 1M PP is essential to avoid more downside. Despite the underlying conditions, the current sentiment remains strongly bullish.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
EURGBP has driven the price upwards, and now the 1M PP must hold as support. If it fails to do so, further downside could be likely. It's important to remember that the pair is still largely under bearish influence, and maintaining a cross and lock above the 1M PP is essential to avoid more downside. Despite the underlying conditions, the current sentiment remains strongly bullish.No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.