We can see on the 4HR that EURGBP has started a new strong accumulation phase with series of HL & HH. We will want to be involved in this institution buys when price pulls back into 0.83200 Areas, and hold this trade into 0.85000 if not more. RR on this trade is 1:6.8RR.
Fundamentals:
GBP: Retail sales in the UK dropped 1.4% mom in March of 2022, following...
