EURGBP FORECAST AND TRADE IDEA
My thoughts on EURGBP (requested by one of our subs).
-Technical analysis: After a huge downtrend in the last few months, EURGBP had shown some signs of trend reversal (demand zone was created on the daily time frame) (many impulsive bullish candles to the upside) (big wicks showing that the downtrend is weak).
My bias for EURGBP is long. EURGBP may pullback to the previous important zone before continue to push up.
-Technical analysis: After a huge downtrend in the last few months, EURGBP had shown some signs of trend reversal (demand zone was created on the daily time frame) (many impulsive bullish candles to the upside) (big wicks showing that the downtrend is weak).
My bias for EURGBP is long. EURGBP may pullback to the previous important zone before continue to push up.
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