EURGBP: The next resistance point
The price has been through a falling wedge as shown on the graph.
This falling wedge started to form on September 13th. The price was tested several times within the falling wedge, which created the wave.
As we all know, a falling wedge is a signal for a bullish trend.
From the volume, we cannot see anything yet.
The MACD seems in a downward trend, however, the blue line is going up now.
Let’s expect the price to go up
This falling wedge started to form on September 13th. The price was tested several times within the falling wedge, which created the wave.
As we all know, a falling wedge is a signal for a bullish trend.
From the volume, we cannot see anything yet.
The MACD seems in a downward trend, however, the blue line is going up now.
Let’s expect the price to go up
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