EUR/GBP’s sell-off from the highs near 0.91 seen in January has taken the shape of a falling wedge – a bullish reversal pattern on the daily chart. A close above the upper edge of the falling wedge, currently at 0.8645, would confirm a bearish-to-bullish trend change and open the doors to 0.8840 (Feb. 14 high). Rejection at the wedge hurdle, however, could end triggering a sell-off toward levels below 0.83. As of writing, the pair is trading at 0.8545. Daily chart Trend: Neutral 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 NEM market update: coin goes ballistic as market approves NEM’s restructurization plan FX Street 4 years EUR/GBP's sell-off from the highs near 0.91 seen in January has taken the shape of a falling wedge - a bullish reversal pattern on the daily chart. A close above the upper edge of the falling wedge, currently at 0.8645, would confirm a bearish-to-bullish trend change and open the doors to 0.8840 (Feb. 14 high). Rejection at the wedge hurdle, however, could end triggering a sell-off toward levels below 0.83. As of writing, the pair is trading at 0.8545. Daily chart Trend: Neutral 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.
