Buy EUR/GBPTrade Idea: Buy EUR/GBP
Entry: 0.84731
1st take Profit: 0.85300
2nd Take Profit: 0.86126
Rationale:
Technical Analysis: EUR/GBP has shown strong Support near the 0.84300 level, with recent price action indicating potential for an upword move.
Resistance Break: A breakout above recent Support suggests Bearish momentum could carry the pair towards the 0.83500 level.
Risk Management: Place a stop-loss according to your risk tolerance and trading strategy, ensuring potential losses are controlled.
Disclaimer: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The analysis provided is for informational purposes only and should not be considered as investment advice.