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EUR/GBP - CONFIRMED BULLISH RSI DIVERGENCE | DEMAND ZONE REACHED

Oleh JayanVarsani
  • See my previous idea linked below on my mid and long term thoughts on EUR/GBP as I concluded that we are in an extremely high demand zone area with very strong support
  • Given that outlook and forecast, we now have an entry point with the 2H RSI printing bullish RSI divergence as well as the 4H also
  • First target will be the 61.8% fibonacci which is expected to be reached after an initial rejection to the next overhead resistance
  • Very low risk/reward ratio at this current price so a long entry is therefore advised
Chart PatternsCurrenciesDXYEURGBPEURUSDForexfxGBPUSDTechnical IndicatorsTrend AnalysisUSDUSDJPY
JayanVarsani
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