Eurgbplong
EURGBP LONG SETUPBoth of my previous analyzes of the EURGBP pair were successful. However, the EURGBP is rising again after a long decline. Two mathematical catalysts, force index 13 and 2, are used to make an additional assessment. The histogram 0 axis of both indices is passed upwards. From this we can conclude that a bull trend will start.
EUR/GBP Swing trade while in this rangeEUR/GBP is in a range, it has just reached the bottom of the range so is a good opportunity to go long from here with a SL just below the support level this is quite safe. Long term I think the GBP will be stronger so I am not sure whether this will reach the top of the range again, with this in mind keep an eye on this breaking the support level.
EURGBP potential longLooking for potential bounce here in range. Then potential shorts from 0.618 fib. I will look to take some profits here and evaluate again nearer the target. Some potential for some pips though. Always risk what you can afford, and follow an appropriate risk management strategy.