EURGBP forecast
Updated
Structurally, the price remains bullish on the 1W, 1M timeframe. Price tapped into the old daily FVG+OB and swept the recent SSL on a news event.
If the price breaks the 0.87 level, one could enter a retest targeting BSL above.
If the price breaks the 0.87 level, one could enter a retest targeting BSL above.
Trade closed: stop reached
The position closed with a loss, price is consolidating, but overall, the bias is unchanged. To take a long position would like to see a breakout of this consolidation and will enter on a pullback.
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