Mon. Jul 22nd, 2024

The eurgbp forex pair is breaking out of bottom formation. Check this previous post from Septembre 6th 2015. Target is a retrace back to the preivous breakdown level, which is also a WALL.

Here is the 10 year monthly candle chart. Current candle breaking out above bullsih neck line at 74.


The 5 year weekly candle chart also breaking out.


And the final zoom in on the 1 year daily candle chart.


So we got breakouts cofirmed on the daily and weekly cnadle charts, Just need to wait for the monthly to confirm the 77.60 target!

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