Euro / SterlinaLong
EUR/GBP Long-Term Outlook. SWING BUY
EUR/GBP has been trading within a long-term range since 2016, and it’s currently sitting on a strong support level. Historically, this zone has acted as a launching point for price to move back toward the upper range.
I believe the pair is entering a new cycle and will likely resume its move to the upside. The current support suggests renewed buying pressure, and with no significant bearish catalysts in sight, we could see a return to the higher resistance levels in the long run.
Let’s see how this plays out—open to your thoughts!
I believe the pair is entering a new cycle and will likely resume its move to the upside. The current support suggests renewed buying pressure, and with no significant bearish catalysts in sight, we could see a return to the higher resistance levels in the long run.
Let’s see how this plays out—open to your thoughts!
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.