EUR/GBP has continued to strengthen as anticipated, and the price, following the rebound from the previous support level, appears poised for a new bullish move. The main trend of EUR/GBP is currently sideways or range trading, indicating an opportune moment for both buying and selling the pair when it reacts to support and resistance levels.
It's important to monitor the key support and resistance levels and look for confirmation of price action before making trading decisions. By analyzing these levels, traders can assess potential entry and exit points, managing their risk accordingly.
It's important to monitor the key support and resistance levels and look for confirmation of price action before making trading decisions. By analyzing these levels, traders can assess potential entry and exit points, managing their risk accordingly.
