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Eurgbplong

EURGBP Mid Range Weekly ZoneHi Traders, here is the full Update Analysis / Breakdown for EURGBP . Keep this pair on your watch-list. Conditions - 1.Wait for confirmation 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this ! Dont forget to give me a like & Follow let me know in the comment section below if you have any questions. Your Support is much appreciated! See You in the next Video / Analysis Global Fx Education Team instabio.cc
Long
by Global_Fx
ORBEX: EURGBP - Ready to Take Break-even Stops Lower?EURGBP could move a tad lower to complete intermediate wave 2 near 0.8480 before continuing higher. The said level is the 100% FE of the first minute degree zig-zag and could be duplicated as minor X was somewhat dominant. Look for a valid reversal above last zig-zag's minute b wave but expect minute c to complete first. Minute c should be truncated to support this outlook, otherwise, fresh lows can be expected. Should prices move below minute a low the complex minor W,X,Y pattern could come to an end. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice.
Short
by Orbex