EURGBP - Up or Down
EURGBP - looks to be in a range at the moment, and is heading down towards a strong H4 & Daily support zone where price has bounced away several times in the past. EURGBP has also failed to create a new high which would suggest some selling pressure in the market. Next week I will be keeping an eye on this pair, if it makes a break through our psych support zone, we will be looking for a sell position on the break and re-test. However, if price rejects and starts to bounce away we could potentially get into a buy position. Let me know what you all think.
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