Confluences for Trade: - Stochastic in Oversold momentum - Widening gap of EMAs - Price action at a Horizontal Support Trendline (Since April 2018) - Price action for EURGBP has been trading within the Parallel Channel and it is currently at the Lower-End of the Channel
Suggested Trade: Entry @ Area of Interest (0.8615 - 08685) SL: 0.8547 TP: 0.8834 RR: Approx. 2.27 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.