Hello and welcome to my Trade Idea of the currency pair EUR/GBP.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a ranging market.
Weekly: Weekly is ranging too but the last weeks are bearish.
Daily: The daily timeframe is bearish with nearly no pullbacks.
H4: Here we draw the trendline and wait for a confirmed bounce.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe a ranging market.
Weekly: Weekly is ranging too but the last weeks are bearish.
Daily: The daily timeframe is bearish with nearly no pullbacks.
H4: Here we draw the trendline and wait for a confirmed bounce.
Have a nice day.