Apex_Gregg
Long

EUR GBP resistance

OANDA:EURGBP   Euro / British Pound
As we can see this pairing broke a strong support level of 0.87864 on the weekly chart and then sank.

We can see some possible support coming up at 0.86324, so a chance for a possible long, we will be keeping an eye on it and trade will be sent out to our clients when trade becomes valid.

Comments

Well spotted. Loadsah ppl just believe that the Pound will go orbital forever. Your analysis is a timely reminder that EURGBP also involves the EURO (which is obvious but not often considered as part of the ratio).
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Apex_Gregg Captain_Walker
@Captain_Walker, Thanks 👌 bit tes with all things Brexit going on at the moment there will be a lot of volatility surrounding this pairing.
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Apex_Gregg Captain_Walker
@Captain_Walker, Are you Long on this pairing?
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Apex_Gregg Managed_CapitalUK
@Managed_CapitalUK, welcome 👌
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