Looking ahead, October is going to be a big month for Sterling. In the Week chart the pair was around 1.2240, the Momentum indicator is bouncing just modestly from its daily low but still within negative level.
If you look back in EURUSD 1D we will see the support line that the price just break down last month maybe we can open Long position here and set Stop loss to protect this position that we know the limit of down side.
Acctually I keep bias for Long side from last year until now follow the report from all institue last year about EU such as election, GDP, brexit. Now i just try to resuce position and wait the trend give an answer.