Forex48_TradingAcademy

Will the ECB push up the EURGBP price?

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FOREXCOM:EURGBP   Euro / Libra Esterlina
On EURGBP, we have a bullish setup, as can be seen from the highlighted trendline. The price is within an H4 demand box where it recorded an FVG/Imbalance at the level of 0.8580 this morning, and where we could look for a long entry with the target being the yellow box at the level of 0.8620. This represents another area for a GVG imbalance where we could instead look for a short entry. Let me know what you think. Happy trading to everyone.

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