OceanMan1000

EURGBP Monthly Outlook

Long
FOREXCOM:EURGBP   Euro / British Pound
Euro / Great Britain Pound-sterling is at the Equilibrium of the Monthly Demand Zone, let us if price will respect the zone and go long.
This pair is at the minor monthly support zone, does it mean EUR Bulls will overpower GBP for this month or GBP bulls still have price in control?
Well, I chose a long bias due to the monthly support zone.
NB: at every traders discretion (proper risk management is important).
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.