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EUR/GBP Trading Analysis (23/05/2024)

23.05.2024

Maintenance

Bears had tested the support level at 0.85025. The reverse pattern "Key reversal" had formed. The Stochastic Oscillator signals the oversold state.

EUR/GBP chart

Trading idea:

Buy at the breach of the figure at 0.85120.

Stop-Loss at 0.85025.

Target price levels at 0.85260 and 0.85500.

#eurgbp #forex #forextrading #tradersroom #daytradingpatterns #forexexpertadvisor

Author: GC
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