EUR/GBP Bullish Bounce Targeting Higher Levels

1 min read
tarantula fx

tarantula fx

Head of Trading

Dear traders,

EUR/GBP is bullish. We should see the move up as bulls are showing strength.

The price is bullish. We can see the 1-2-3 formation in the form of head and shoulders, Next target is D H4 followed by D H5. After the slower volatility the momentum is expected to resume and the price should go towards the W H5 camarilla – the final target for the move.

The Analysis has been done with the Black Widow system.

Good trading,
Nenad Kerkez

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