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EURGBP has broken above the 0.89600 area. It was currently stuck in a structure of 0.88900 70 pip range. I look for a Longer term movement towards the 0.92700 area. Of course this would take time to get there but offers a very good risk to reward ..
we look for this pair to move down to support of 1.600000 once there we are looking for this pair to go long and break the trend line.. once broken we look for the retest and wait for the long move 1.750000 area or above that..
We are looking for this pair to finish this current move to support an then to make a strong move to the upside.. this pair has been ranging since 10/2016 . we are looking to go long on it gets to support of 1.199xxx but also break the range that this pair is currently in ...