Whilst a buy opportunity presented itself earlier into the week, if you haven't found an entry, not to worry as the EURGBP looks to be setting up for another impulse to around the 0.89 level. Price is currently moving within a around a 2-week correction and we could find this breakout to the upside happening sooner rather than later. With the bears weighing in on the GBP, the move may be accelerated thus close attention should be payed. I will be providing more updates on this pair as we progress through and out of the correction along with my entry level, stop and tp.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.