EURGBP Trading ideas.

FX:EURGBP   Euro / British Pound
440 6 14
It looks like EURGBP             is in a bullish trend . It is currently in an impulse correction phase so ideally looking for a bullish trend breakout then continuation. On the lower time frames I can see some opportunities to get involved with.

Potential Trades:
- Long on 30min chart. Looking for a bullish break from this previous structure area. It seems to be forming a pattern on the 5min chart maybe a flag or pennant . Either way looking for a bullish breakout.
- Short at the SHARK PRZ on the 4hr chart with a retracement target on the trend line of the bullish flag .
- Long on Daily chart after a bullish breakout on the Flag. Looking at long targets based on fib confluences and previous SR levels.

Please like and follow for more ideas like this! Thank you for looking!

Very nice..! Price broke the resistance of the channel and it's heading up.. Well done..!
+1 Reply
+1 Reply
Trilo nice analysis as usual.
+1 Reply
I find the strength as a shorting opportunity for a 50 pip scalp
stevendave irishmist
Hello irishmist please share you shorting idea?
+1 Reply
Nice! Thanks for sharing :) I will look to buy on this one
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