When EUR/GBP Send You Running for Cover i will make it quick from looking at the charts we can see The Butterfly pattern Butterfly harmonic patterns are high probability trade setups that identify reversals in trends. Bearish butterfly harmonic chart pattern suggests a short entry upon completion of the pattern. It is an ABCD harmonic chart pattern, A short entry is suggested when the…
What The Charts Are Saying About EURGBP The pair shows the priority corrective movement upwardIf we look at the graph, we can see that as long as the pair is above the level of 0.72,minor support intact,further rise is expected in EUR/GBP. Rebound form 0.6935 would extend to 0.7482 resistance. Firm break will target next medium term retrenchment level at 0.77-8The trend is patching up…