Wednesday, May 15, 2024

EUR/GBP reaches the support zone in Daily Chart. Waiting for Breakout ?
1 mins well spent

EUR/GBP Analysis (For Education Purpose) :

EUR/GBP is moving up and down between the resistance and support zones in daily chart for long time.

GBP is getting more stronger due to Brexit impact and survival of Theresa May as UK Prime minister.

Now, market reaches the support zone. Let’s wait for the confirmation of reversal (or) breakout to enter into long term trade.

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