The current outlook for EURGBP suggests that the price is likely to move higher. This bullish potential comes after a trend reversal to the upside, following a significant decline. In addition, the formation of a double bottom pattern provides further confirmation of upward momentum.
Trading Recommendation:
- Buy EURGBP
- Entry: 0.86554
- Take Profit: 0.86767
- Stoploss: 0.86425
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
The best investment is an investment in knowledge. Start your journey to trading success with a Masterclass Trading Webinar every Friday. Join now!