EURGBP : Long Trade , 1h

11 Feb 2023

Hello traders, we want to check the EURGBP chart. The overall trend of the market is up and the price is undergoing a correction and at the same time it has reached the uptrend line and also the key area of 0.88200 and 0.88400. The price has been in this area in the past. has reacted, so we expect this area to play the role of a support area for us. If the price can break the downward trend line in the general direction of the market and return to the specified level, it can be a good area to enter the transaction and wait. We have price growth up to around 0.89900. Good luck.

EURGBP buy Entry : 0.88464

Stop : 0.87717 , Target1 : 0.89216 , Target2 : 0.89958

Risk/Reward Ratio : 2