On this eurgbp daily chart we have price at an area of resistance.
Price has been trading at a nice range. Therefore where price is now is a very interesting area.
We would be selling at the top of the range if you agree to be a bear on this chart.
If price starts to drop in direction of the fundamentals then two targets are displayed on the chart.
When would or could support number 2 be reachd? Lets look at the previous move from the low to the top and we might estimate to hold the trade for 20 days.
BEST OF PIPS