Hi, guys, this is my second technical analysis about EUR/GBP. i dont make a entry operation about this par because it's has been a consolidation. Also, for reference, EUR.GBP is in the zone of distributtion and don't have any trend if continue bullish or bearish in weekly what might to watch so better. So, in my case I hoping EUR/GBP is break out the possible consolidation.
Trade active
The situation is active for the moment, don't make any potition in this par as a reccomendation, so, I see that EUR/GBP is going to continue consolidated, but we can to make pips in this par for example find out 50, 75 pips, but remember all movements it's very manipulated, so, take a plan if you want to operated the consolidation in a below timeframe.
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Disclaimer
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.