Currency Pair:Eur/Gbp
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.7242
Trend:consolidation
Possible trading range:0.70-0.75
Signals: This pair is more inclined to spend a lot of time in consolidation areas before any clear breakouts take place. So far we have no clear signals that a possible breakout might occur in the following period, as such buy at the bottom and sell in the top will be the best scenario
Fundamentals: Europe data have consistently surprised o…
Indicators: technical patterns and Sma50(red)+ Sma200 (blue)
Current price: 0.7242
Trend:consolidation
Possible trading range:0.70-0.75
Signals: This pair is more inclined to spend a lot of time in consolidation areas before any clear breakouts take place. So far we have no clear signals that a possible breakout might occur in the following period, as such buy at the bottom and sell in the top will be the best scenario
Fundamentals: Europe data have consistently surprised o…