EURGBP is trading in falling wedge , as it is at the breakout point from falling wedge pattern, we might see, an upside movement in EURGBP from the current level. One can initiate the long side trade in EURGBP with proper risk management and stop loss. As for Upside, resistance 1 and resistance 2 will be target prices.

Thank You.

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.