alex.ofx

EURGBP BULLISH STRUCTURE LONG

Long
FX:EURGBP   Euro / Livre Sterling
1
As you can see from the charts, price is showing bullish structure.

I will expect some correction as the pair has been showing gains for the few days.

Looking to enter long at 4H close above 7.80 to target 0.80 in the few weeks to come.

This is a GBP pip pair so price will take a little slower to get there. But hopefully we can see the EUR strengthen and push this badboy up to the physiological level of 0.80 for a 200 pip gain.

Becareful on this and manage good R:R.

Thank you very much, and good luck!
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