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.
❤️Please, support this idea with like and comment!❤️
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.