EUR/GBP Bullish Extension Targeting 0.9200

1 min read

Hi traders,

The EUR/GBP is in a bullish zigzag mode. Taking into account both Weekly and Daily trend, we might assume a continuation to the upside.

Recent consolidation is looking like a potential bullish continuation move with extension towards 0.9086, 0.9113 and potentially 0.9200. However, have in mind that the EUR/GBP cross is a slower pair so it might take some time to develop. As long as 0.8930 holds, this scenario should be valid.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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