Touching the bottom of a trading channel - Limited upside
$EURGBP may bounce from the bottom of a weekly trading channel (although the EUR is very weak), but it has a limited upside potential now that it has broken below a weekly uptrend line.
0.77-0.78 which was support zone, now become resistance.
Read this analysis and more trading ideas in this week's Weekly Markets Analysis trading newsletters:
marketzone.tumblr.co...is-18-1-15-and-so-it
0.77-0.78 which was support zone, now become resistance.
Read this analysis and more trading ideas in this week's Weekly Markets Analysis trading newsletters:
marketzone.tumblr.co...is-18-1-15-and-so-it