EURGBP start grow from strong support

24 thg 11, 2020

As I said in my previous forecast, after a slight increase, the price came to the support zone.

The resource was enough for the price to break through this zone and fall.
However, it is now at the strong 0.888 line.
This line starts back in December 2019.

It is noteworthy that in the spring of 2020 there was a situation very similar to the one that is unfolding now.
After the fall, the price came to the support line, bounced off, rose, then rolled back.
Touched the line a second time.
And after that, tangible growth began.
Now we already have a second touch.
And I expect the price to start rising.
In the course of growth, it will break through the nearest resistance line at 0.890 and rise to the next line.
The target is the resistance line at 0.896.

--------------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!