Forex technical analysis: Can EURGBP stay below 0.8693 now?
Swing area going back
Looking at the hourly chart on the EURGBP, the pair has been waffling back and forth over the last 5-6 hours. That waffle has been above and below the 0.8693 area. Going back in time, that area has defined bullish above/bearish below (going back to May 26th – see blue circles).