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EUR/GBP: consolidation along Moving Averages

EUR/GBP: consolidation along Moving Averages

Information is not investment advice

The pair is consolidating along the Moving Averages. It's likely that the price is going to test the nearest support at 0.8574 because of the last 'Triple Top' pattern. If a pullback from this level and the Moving Averages happens little later on, bulls will have a chance to reach the previously tested resistance at 0.8616 - 0.8636.

11-4-2019-EUR-GBP-H4.png

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