Euro / British Pound
Short

EURGBP H4 - Short Setup

85
EURGBP H4

Possible break incoming on EURGBP, dependant on rate hikes later for the GBP and BOE release. This would warrant GBP strength, thus pulling EG beyond support.

Upon a retest and healthy correction we could measure a trade from 0.85 short to around 0.85200.

Disclaimer

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.