Help center Contact us Register
arrow_forward_24px
Start Trading
Platforms
Trading Platforms
Trading Tools
Products
Markets
Instruments
Best conditions
Personal Finance New
Education
Analytics
About Admirals
Help center
Status Page
Register
menu_24px
  1. Home
  2. Analytics
  3. Technical Analysis
  4. EUR/GBP potential upside move

EUR/GBP potential upside move

November 30, 2016 09:26

The EUR/GBP is has a potential to break the range and proceed to the upside if we see a rejection off POC. POC comes within 0.8510-15 zone ( V shape, DPP, EMA89, trend line). If we don't see a retracement to POC , pay attention to H1 close above descending trend line. The pair could reach 0.8550, 0.8575 and 0.8615 if there is a H1 momentum or 4h close above 0.8575. Additionally the pair rejected slightly above the bullish order block that is located just above L3 support. This further supports a bullish bias for this pair.

Follow @TarantulaFX on twitter for latest market updates

Avatar-Admirals
Admirals An all-in-one solution for spending, investing, and managing your money

More than a broker, Admirals is a financial hub, offering a wide range of financial products and services. We make it possible to approach personal finance through an all-in-one solution for investing, spending, and managing money.