EURGBP D1 Long position
EURGBP has retraced 50% of the big upmove, and it does look like the current downmove is complete.
Buying around current levels of 0.8870 area with great with a stop loss at 0.8720 for a target above the upmove at around 0.9350 for a risk reward ratio of 3.42.
A break below 0.8720 means the overall uptrend has changed.
This move may take weeks and months to play out.
Buying around current levels of 0.8870 area with great with a stop loss at 0.8720 for a target above the upmove at around 0.9350 for a risk reward ratio of 3.42.
A break below 0.8720 means the overall uptrend has changed.
This move may take weeks and months to play out.
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