Euro / British Pound
Long

EURGBP Buy setup in lower degree correction pattern.

83
EURGBP has been trading inside a wedge pattern for few days. Break out of the wedge upwards should give an impulse upside.

I have been watching this pair for a week for this correction pattern.
Below is the higher time frame analysis I had last week. This should give a justification for the impulse wave expected.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.