EURGBP: Breakout Long Trade 🇪🇺🇬🇧

Long

Euro / British Pound (OANDA:EURGBP)

Updated

OANDA:EURGBP Euro / British Pound

Trend Analysis Chart Patterns Parallel Channel Forex signals signalservice EURGBP euro pound

trendanalysis chartpattern parallelchannel forex signals signalservice eurgbp euro pound

snapshot

Hey traders,

EURGBP reached a strong key level last week.
After some local consolidation and indecision, the price broke a falling parallel channel to the upside.
It is a very strong bullish clue.

Now I set my buy limit order on 0.852 level.
I will expect a growth to 0.857 / 0.865
Stop - 0.849
Risk - 1%

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Comment:

Check my new analysis on USDCHF:

USDCHF: Bearish Accumulation & Breakout

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