The recent bear momentum in EURGBP has slowed with price flattening out along a major support line.
We expect price to rebound towards nearest resistance.
High reward:risk trade with a tight stop below support and target resistance lines up with the 38.2% fib.
Buy
TP: 0.86840
SL: 0.74720
We expect price to rebound towards nearest resistance.
High reward:risk trade with a tight stop below support and target resistance lines up with the 38.2% fib.
Buy
TP: 0.86840
SL: 0.74720
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.
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.