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Elemont

EURGBP TRADE SETUP

Long
Euro / British Pound (FX:EURGBP)  
Elemont  
FX:EURGBP   Euro / British Pound
Chart Patterns Technical Indicators Trend Analysis EURGBP EUR GBP trade setup Forex fx
3
0
chartpattern indicator trendanalysis eurgbp eur gbp trade setup forex fx
The recent bear momentum in EURGBP has slowed with price flattening out along a major support line.
We expect price to rebound towards nearest resistance.
High reward:risk trade with a tight stop below support and target resistance lines up with the 38.2% fib.

Buy
TP: 0.86840
SL: 0.74720
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