Hi traders,
EURGBP broke the higher time frame trendline and made an impulse leg. We think this pair will go much higher to minimal 0,88 price area.
So for this week we will look for a correction down to the former demand area which has confluence with the fibs 50-61.8 and buy.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading
EURGBP broke the higher time frame trendline and made an impulse leg. We think this pair will go much higher to minimal 0,88 price area.
So for this week we will look for a correction down to the former demand area which has confluence with the fibs 50-61.8 and buy.
If you want to learn more about trading with supply and demand and wave analysis, please make sure to follow us, give a like and comment.
This shared post is only our point of view on what could be the next move in this pair based on our analysis. We do not provide signals.
Don't be emotional, just trade!
Eduwave Trading