EURGBP PRICE ACTION

EURGBP PRICE ACTION (POSSIBLE BULLISH BREAK-OUT)

Posted on by lucien chi Posted in Trading analysisTagged Leave a Comment on EURGBP PRICE ACTION (POSSIBLE BULLISH BREAK-OUT)

On march 6th we published an update of the EURGBP price action. We explained how price had been consolidating within the mentioned levels. check link for reference https://fxsits.com/eurgbp-price-action-trade-analysis/. By looking at the H4 time frame you could see that the level 0.88509, which acted as a resistance had been broken. Price moved above and broke […]

EURGBP PRICE ACTION

EURGBP PRICE ACTION (April 1st Update)

Posted on by lucien chi Posted in Trading analysisTagged 1 Comment on EURGBP PRICE ACTION (April 1st Update)

Since our last update on the EURGBP price action , the pair has been consolidating. For more than 5 weeks, according to price action we’ve seen no major movement from the pair. We have seen price range in between level 0.86322 (Support level) and level 0.88509 (Resistance level).Price has been moving within theses reference points […]