EURGBP multiple scenario analyses

The price came to a resistance level which is at the 78% fibonacci level. At the same time it formed a triangle which can break out in two directions. If it breaks out upwards, the potential target is at the first resistance level. If it breaks to the downside, the first target is at the first support level which is also at the 61.8 fibonacci level.
FibonacciSupport and ResistanceTriangle

Haftungsausschluss