EURGBP – getting close to support of a Channel Up

Past performance is not an indicator of future results.
EURGBP is moving towards the support line of a Channel Up. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 3 days and may test it again within the next 20 hours.