SmartTradingFX

EURGBP: Will This Pair Remain Rangebound?

Long
FX:EURGBP   Euro / British Pound
7
Analysis on chart!

Price coming down to retest structure support where we have had strong moves away from here previously!

In this zone we have 2 x 1.272 Fibonacci Extensions, 1.272 Fibonacci Inversion, 2 x Harmonic Legs and pressing Oversold Conditions on the RSI!

Two potential very appealing Risk Reward profiles could be on offer if price were to get to this zone, and give me a reversal entry signal!

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Smart Trading

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