Possible Setup for GBPEUR
Hi Traders,
GPPEUR pair has recently broken out the bullish trendline. The pullback movement confirms the possibility of having a new bearish trend. But to make sure, we will wait to see if the strong resistance line is either broken or rejects the price bearish trend. If it can break the resistance, then we will go long, otherwise go short.
GPPEUR pair has recently broken out the bullish trendline. The pullback movement confirms the possibility of having a new bearish trend. But to make sure, we will wait to see if the strong resistance line is either broken or rejects the price bearish trend. If it can break the resistance, then we will go long, otherwise go short.
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