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EURGBP Pulls-Back From Channel Resistance

Discussion in 'Technical Analysis' started by Kaitlin, Jan 19, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    Even as the reversal from 0.7000. – 0.6980 support area helped EURGBP in forming upward slanting trend-channel, the pair failed to sustain a break above resistance-line of the mentioned channel and is currently witnessing a pullback towards 0.7600 and the 0.7560 immediate support levels. Given the price pullback fetches the[​IMG]

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