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EURGBP: One More Leg Down

Long
Euro / British Pound (FX:EURGBP)  
VasilyTrader  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Harmonic Patterns Forex trading Technical Analysis EUR GBP EURGBP pound Currencies
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trendanalysis chartpattern harmonicpatterns forex trading technicalanalysis eur gbp eurgbp pound currencies
snapshot

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 a signal to buy the pair.
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