EUR/GBP - ONE FINAL PUSH TO THE 61.8? | ASCENDING CHANNEL
Perhaps one more final push to lead EUR/GBP towards the 61.8 fibonacci retracement level?
VERDICT: EUR/GBP in an established upward trend. Ascending channel and a close 61.8 fibonacci level suggests a final push to this level.
- Price in a bullish setup with consistent resistance-support inversions
- Ascending channel with several confirmations
- 61.8 Fibonacci retracement within close reach indicating final momentum surge
VERDICT: EUR/GBP in an established upward trend. Ascending channel and a close 61.8 fibonacci level suggests a final push to this level.
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Daily close above resistance suggests opening a long position at the soonest available circumstance