EUR/GBP created a doji candle yesterday, signaling indecision in the market place. As a result, the bullish view put forward by the falling channel breakout, confirmed earlier this week as per the daily line chart, stands neutralized. A close today below 0.8636 (Doji low) would validate the signs of indecision and confirm a bearish doji reversal. The falling wedge breakout would be revived if the cross closes today above 0.8682, invalidating the doji candle created yesterday. The probability of bullish close would rise if the bull flag seen on the 15-minute chart is breached to the higher side. That would create room for a rise to 0.8720 (target as per the measured move method). Daily candlestick chart Daily line chart 15-minute chart Trend: Neutral Pivot points FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Afghanistan and Tunisia look to Bitcoin to revive their economy FX Street 4 years EUR/GBP created a doji candle yesterday, signaling indecision in the market place. As a result, the bullish view put forward by the falling channel breakout, confirmed earlier this week as per the daily line chart, stands neutralized. A close today below 0.8636 (Doji low) would validate the signs of indecision and confirm a bearish doji reversal. The falling wedge breakout would be revived if the cross closes today above 0.8682, invalidating the doji candle created yesterday. The probability of bullish close would rise if the bull flag seen on the 15-minute chart is breached to the higher… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
