Euro / British Pound
Long

EURGBP long

35
Price is facing two trendlines and a strong weekly resistance. Looking on GBPUSD, the pound has still some room to the upside while EURUSD looks like going down for a pullback which both indicates that option (2) is the safer choice. But a rejection of trendline according to (1) is still a possibility(I consider buying above 0.842). Good luck

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.