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EURGBP Struggles To Extend 'Falling-Wedge' Break

Discussion in 'Technical Analysis' started by Kaitlin, Nov 6, 2015.

  1. Kaitlin

    Kaitlin Forum Member

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    Even if the EURGBP reversed from its 'Falling-Wedge' bullish formation support during post-BOE announcement, also managed to confirm the pattern via sustained break, the pair seems struggling to clear the 61.8% Fibo of its August – October rise, around 0.7155-60 area. Should it break the 0.7160, the pair can quickly[​IMG]

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