The euro is moving against the pound in an upward direction on the hourly frame, as it rose from the support area that formed in the middle of this month at 0.8680-0.8690 levels, from which the price bounced more than once With oversold on the Momentum RSI
We also notice a rebound from an ascending trend line from the middle of the month bottom, in addition to breaching a falling trend line as well
The pair managed to break 0.8715-0.8720 levels, and if it retests it will be a good buy opportunity with targets of 0.8850-0.8860 region
The trading range is 0.8715-0.8720
Expected bullish trend
