Hey guys so let's check out the 4hour chart for EURGBP today. currently locked inside trading range. Balanced market and this is a low risk setup for the bulls to buy low near premium prices, once the pullback is complete. Range is defined by range highs at 8910 and range lows at 8780. Premium prices below 8720 and 8750. Premium prices above 8940 and 8970. Recommend strategy bulls is to seek to buy low near premium prices, i.e. near 8720/8750. bulls will target re-test of range highs near 8910. conservative tp bulls is +100 pips, final tp bulls is +200 pips. good luck traders!
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