EUR/GBP: bulls are resuming the trend
Recommendation:
BUY 0.8945
SL 0.889
TP1 0.902 TP2 0.9085
On the daily chart, EUR/GBP keeps forming the invested “Shark” pattern and resuming the uptrend. A break of diagonal resistance and settling above 0.8929 will increase the risks of reaching 88.6% and 113% targets.
On H1, EUR/GBP after reaching the targets of the reversal pattern “Widening wedge” started an uptrend. A beak of resistance at 0.8945 will be a signal for continuation to the upside towards the targets marked at the senior timeframe.