EUR/GBP POC Zone Might Reject the Price
|As Article 50 has been enacted today, we saw EURGBP dropping prior to official announcement. At this point the EUR is dropping vs GBP but it might change soon. 0.8590-0.8605 (W L4, D L5, historical buyers) is the zone to look for longs. Bullish reversal candlestick pattern with a possible MACD divergence could be a trigger for a move to 0.8700 where D L3 might be retested. Have in mind that ATR has already been overshot so reversal move is more likely to happen.
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