EURGBP: Trade Opportunities from 0.90000 Support
The support zone at 0.90000 and SMA50 holds the price. It can become a good entry point for buying in the direction of the bullish trend. Buy signals will come from the daily and lower timeframes. Stop orders should be placed below the local swing lows and 0.90000 support. The nearest profit target will be at 0.91500 resistance. The breakout above will open the road to the market high at 0.95000 resistance.
The pair should be added to a watchlist as well. During the next week, we will talk about the possible trade opportunities with the exact entry and exit points.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
The pair should be added to a watchlist as well. During the next week, we will talk about the possible trade opportunities with the exact entry and exit points.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
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