EURGBP: Important Decision Ahead! Your Plan 🇪🇺🇬🇧

Hey traders,

EURGBP is consolidating.
The pair is trading within a narrow horizontal trading range on 4H.
To catch a bearish move, wait for a bearish breakout of its lower boundary.

You need 4H candle close below 0.836 - 0.837 area to confirm the breakout.
Then the price will most likely drop to 0.831 / 0.8265

In case of a bullish breakout of the range though
the price can go higher.

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Commentaire:

Check my new analysis on USDJPY: