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Mihai_Iacob

EurGbp- Reversal underway?

Largo
Euro/Libra esterlina (OANDA:EURGBP)  
Mihai_Iacob  
OANDA:EURGBP   Euro/Libra esterlina
Trend Analysis Chart Patterns Technical Indicators EURGBP eurgbplong eurgbpanalysis eurgbpforecast eurgbpbullish eurgbpbuy eurgbpsell eurgbpsignal
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trendanalysis chartpattern indicator eurgbp eurgbplong eurgbpanalysis eurgbpforecast eurgbpbullish eurgbpbuy eurgbpsell eurgbpsignal
Since mid-July, EurGbp traded downwards and the pair also has broken under 0.85 important support
However, after this break, lows are marginal and without power
At this moment the pair is facing descending trend line and a break here should accelerate gains
0.8550 is a logical target for bulls. Also 0.85 is now resistance
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