EUR / GBP Possible correction testing 0.7240

EUR / GBP Possible correction testing 0.7240

At a price above 0.7215 – long test of resistance 0.7240, from where we will have good levels to sell.

Alternative scenario: In a closed bar on 4-hour chart below 0.7215 – Short possible.

Comment: Ascending divergence in the MACD. When you break the RSI above level 30 – signal buy.Dalgosrochnoto movement Short stays due to speculation about the recent increase in interest rates in the UK. Today markets are awaiting the meeting of finance ministers in the euro area.

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