EURGBP 4H OutlookEURGBP 4H Outlook
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Tradewithsam
Eurgbpbuy
EURGBP - BUY Now"M" pattern was formed and there is sign for buy opportunity. EURGBP is in oversold situation and bottom bollinger band confirming it as well.
Note: Trade at your own risk.
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EURGBP - BUY NowYou might think why we going to buy EURGBP hence Fibo level 0.681 is working as resistance and 150 EMA is also there as a resistance.
I want to say that yes it will break the above levels which i have mentioned and RSI shows us its start of a bullish momentum. Its already crossed the 150 EMA and shows us a strong bullish candle.
TP's and SL is up to you
Note: Trade at your own risk and this is not involved with fundamentals
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turningpointfx.com
EURGBP BUYThe 4hr time frame is indicating a move upwards after consolidation is complete, in regards to where the market price is currently at.
If the price goes above 0.90490 then it will confirm upwards movement and signalling a buy for this current pair.
Trading tip: Always insure your RRR is a minimum 2.1, Life's a bitch.. so always sleep with one eye open.