Based on a higher time frame, EURGBP is starting to show signs of bearish trend. Wyckoff forming distribution which has not formed a UTAD yet. Therefore, based on a 1 min entry, trade is available for a hedge.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.