EURGBP TRADE ANALYSIS

Jun 1, 2020

I would like to see EURGBP drop since it hit off of a bearish Daily Oder block. That gave us a nice reaction to the down side. Now I would like to see the market show a sign of retracement for us to capture some sell entries and have the market continue to the downside just like how I said. It's important to notice how the market will take out that liquidity pool because that will tell us if it will continue to drop, rise off this level or consolidate at that price. Also keep an eye on that bullish oder block that I highlighted the on the one hour timeframe we could see some reactions off that level as well.