marcelaleza

EURGBP forecasting

Short
FX:EURGBP   Euro / British Pound
EURGBP has retested a daily supply zone, hence price is heading to downside. Euro has been loosing value for a while now hence bears on EURGBP have an edge over the market. I would look for a reentry upon the retest of the 1h (1 hour) time frame supply zone and hold the trade until it drops to the daily demand zone. Happy trading
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.