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VasilyTrader
Oct 27, 2019 3:14 PM

EURGBP: One More Leg Down Long

Euro Fx/British PoundFXCM

Description



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.
Comments
TheForexNerd
The reversal to the upside is gonna be BIG !!!
VasilyTrader
share your thoughts on EURGBP here
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