Euro / Sterlina

EUR/GBP: IDEA

59
Currently @ 0.86862

The pair has been bullish and is showing no signs of being bearish any time soon
We expect the pair to test resistance @ 0.87200 before retracing back to 0.86500
which was previous resistance & also 23.6% Fib.
The pair might continue being bullish and break above resistance @ 0.87200 and test
next resistance @ 0.88.
According to the COT Report EUR is bearish so do expect some retracement.

link to previous analysis below

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