I want to keep my 1st trade post as simple as possible.
Key Support for EURGBP = 0.833
The inverse of this Key Support level is GBPEUR = 1.20
‘Corporates’ hedge when GBPEUR trades at 1.20
I propose trading in the direction of the hedge confluent with a strong support level
Buy EURGBP @ 0.8330
TGT 0.8530 (Recent Resistance)
Potential Gain: 200pips
Happy pip hunt!