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Forex technical analysis: EURGBP hits a key target and corrects

Discussion in 'Technical Analysis' started by ForexLive, Oct 5, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Trend lines stall the climb. Now what? The EURGBP tested a couple of trend lines on the 4-hour chart and daily charts, and that combination has stalled the rally in the pair. The GBPUSD is seeing more buying. The EURUSD has come off highs reached earlier in the London morning session.

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