EURGBP On Key Level! Potential Scenarios!
hey guys,
EURGBP has reached a key weekly/daily/4H structure resistance.
based on the current reaction of the market on that level bearish and bullish scenarios are equally possible.
0.898 - 0.9005 is the horizontal decision range on 1H.
in case of a bullish breakout (1H candle close above that) the market will keep growing to retest current structure high.
goal - 0.904
in case of a bearish breakout (1H candle close below that) the market will drop to the next levels of support.
goals - 0.8956/0.8938
I am bearish biased and will trade only bearish setup!
good luck!
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