EURGBP has been choppy in the H4 chart. The level of 0.86150 has been working as a level of support and the level of 0.86600 has been working as a level of resistance. Traders may have to wait for the price to make a breakout and find its next direction.
The level of 0.85700 has been working as a strong level of support. The pair made a good bearish move but found it hard to make a bearish breakout at that level. A bearish breakout may make the pair more bearish. The buyers must wait for the price to make a bullish breakout at the down trending trend line.
We may see volume slow right down in the markets over the next week or so. Which may make this my last update video of the year. I hope everyone is sensible in these low volume Xmas markets, have a good holiday season and new year. Appreciate everyone that has commented liked and subscribed this year
The pair made a strong bullish move in the H4 chart. It closed its trading week at 0.88200. It may work as a level of resistance and drive the price towards the South.