FX.co ★ dare.jammie | EUR/GBP

Hello traders, EUR/GBP

Saturday's technical analysis of the pair on a 30-minute chart. I assume that the price here may break out of the sideways movement to the upside and head towards retesting the level of 0.8740. There, the price may form a double top on the chart, break above this level, retest the higher timeframe maximum, and then the price should move back down. The price will continue to work within the large red zone, possibly fully retesting it and correcting downwards to test support levels: the MA red line at 0.8695, the black line at 0.8665, and the level of the previous flat at 0.8650.