Scuba25

EUR/GBP - Retest of old Resistance - BUY

Long
OANDA:EURGBP   Euro / Livre Sterling
Here we can see that the level of 0.883 has been very important in the past. More recently it has acted as strong resistance.

Price is now moving back down to that level after breaking. We look for a buy and consider this a retest.

Consider a target of around 0.895 but be wary and always keep yourself updated on price action.

Happy Trading
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