The pattern taking shape here on EUR/GBP and the ABC correction pattern on GBPUSD suggest that there will be an up move on GBP soon, so there is an opportunity to buy Pound here (and sell EUR) or either on GBPUSD.
So we can sell from here BUT with a very tight stop loss, or wait for a break out and a flag for safer entry
So we can sell from here BUT with a very tight stop loss, or wait for a break out and a flag for safer entry
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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.
Related publications
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.