StaffordTrades

EURGBP, gereral ideas on this

FX:EURGBP   Euro / İngiliz Sterlini
I have recently looked at this pair and after doing a brush over analysis this pair is currently ranging across all time frames and ended the week with a bearish daily candle, slightly showing a bearish engulfing but as the market is ranging I personally would not let this indicate the direction of the market.
I will be waiting for price to break one of the marked up zones to either the upside or downside and then wait for the clear retest of that level and then I have shown a rough Idea on where I am looking to enter if the trade goes in those directions.
Simple analysis here nothing too fancy compared to my deep look at the other pairs.

Remember this is just my outlook on the market and is never set stone,
Thanks, Trade safe.

Feragatname

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