VasilyTrader

EURGBP: One More Leg Down

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FX:EURGBP   ユーロ/ポンド

EURGBP is currently consolidating within a horizontal parallel range.
Though I have seen a lot of trading ideas suggesting to buy EURGBP from current levels,
in my view, it is more reasonable to let the market go a bit lower and buy it from 2019's low.

*I am not suggesting to sell the breakout of a range,
focus your attention on 0.85 level of support instead and look for a signal to buy the pair.

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