Below is a trade idea on the EURGBP

Summary

Expecting price to break (0.84705) support and look for buy opportunities at DPP area

EURGBP Daily

1. Support and Resistance 1.1. Resistance at MPP(0.8628) 1.2. Price action support at (0.8443), price coming off MS1(0.8405) 2. Market 2.1. 55 above 21, angle of separation is zero therefore market moving sideways. 3. Price 3.1. Stochastic at 37% moving up 3.2. 5/8 indicating price range

EURGBP H4

1. Support and Resistance 1.1. Support at previous WS1(0.84590), has been broken twice and could be support again (roll reversal). Price coming from WM1(0.8434) 1.2. Price action resistance above WM2(0.8501) 2. Market 2.1. 55 above 21 , bearish trends but slowing. 3. Price 3.1. Stochastic at overbought zone (81%) 3.2. 5/8 cross price moving up

EURGBP H1

1. Support and Resistance 1.1. Resistance at DM3(0.8485), price falling from from previous DR1(0,84943) 1.2. Price action support at (0.8457) also DPP, had been support before, broken twice and could support(roll reversal) 1.3. Price action support at 0.84705 2. Market 2.1. 55 above 21, angle of separation is zero, therefore market currently sideways 3. Price 3.1. Stochastic coming off overbought zone (69%) 3.2. 5/8 cross price coming down

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