Trader_Dale

EUR/GBP Day Trading Analysis 📋

OANDA:EURGBP   Euro / Libra Esterlina
On EUR/GBP, it's nice to see a strong buying reaction at the price of 0.85659.

There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.

The S/R zone from the past with uptrend, and high volume cluster are the main reasons for my decision to go long on this trade.


Happy trading

Dale

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