EURGBP 900 pip swing

5 May 2022

Spotted a nice potential 900 pip short on EURGBP whilst looking over GBP pairs after todays interest rate news, as can be seen there's plenty of liquidity areas, looking to take these out before an impulsive move down. We've been in a down trend for months now so there's no reason to not expect a big push down. Plenty of imbalances to hit once it breaks below this range. Alert set and will be monitoring once it's in the target area