*Analysis: Forex (EUR/GBP)*
• As per the given 1H chart for EURGBP, the pair has been following a declining trend since the last week of December 2023. However, recently the pair found support 0.8645 at fib level 0.618.
• The prices also at the support level, breached the lower band of Fibonacci, indicating a bullish reversal.
• Hence prices later started to rise and made highs of 0.8680, but failed to give a close above 0.8670.
• Therefore, prices again started weakening and currently trades
Nadia farhat
