EURGBP structure
EURGBP structure between Jan and Feb is called a formation of inside bar, by definition, an explosion is expected. The cross managed to trigger a monthly close (March) above the inside bar outline targeting 9060 during April. Euro might dip before rally continuation and any slide towards 8670 and 8770 should be put in the bull farm to attain the mentioned target. A close below 8433 negates the bullish view.
from forexsurvivor
