EURGBP is currently consolidating within a horizontal parallel range.
Though I have seen a lot of trading ideas suggesting to buy EURGBP from current levels,
in my view, it is more reasonable to let the market go a bit lower and buy it from 2019's low.
*I am not suggesting to sell the breakout of a range,
focus your attention on 0.85 level of support instead and look for signal to buy the pair.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.