hey guys,
for the entire month of April EURGBP is trading in sideways.
the pair is stuck in a wide 0.868 - 0.883 trading range.
the support of the range is based on a key weekly level.
the resistance of the range is based on a daily structure.
if you are a swing trader, the best option is to wait for a daily violation of the range:
in case of its bullish breakout, the price will keep growing and the next strong structure will be 0.09 level (daily and weekly match).
in case of a bearish breakout, we will expect a bearish continuation to 0.857 - daily structure and 0.850 - weekly structure.
good luck!
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