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EURGBP Trade Setup following ECB Interest Rate Decision.
Euro / British Pound
Long
EURGBP Trade Setup following ECB Interest Rate Decision.
By Michael_Harding
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Jul 18
6
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1
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Jul 18
Taking a look at the daily tf, price action closed above the last candle where we saw strong rejection following a retest of the descending support.
Today the ECB also left interest rates unchanged at 4.25%.
Even though this is a low risk to reward setup, I believe it has a good chance of becoming a winning trade.
Chart Patterns
EURGBP
eurgbplong
forexsignal
Harmonic Patterns
tradeplan
tradesetup
Trend Analysis
Michael_Harding
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