EURGBP - 240 - Keep an eye on the levels
2020-01-20 20:10:19
Quick idea.
EURGBP continues to slowly grind higher above its short-term upside support line. That said, in order to get comfortable with further upside, we need a strong push above the 0.8592 barrier first. This way, the pair would confirm a forthcoming higher high and more buyers could be joining in.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.