EURGBP: Bullish & looking for long opportunities

The EURGBP is one of the Forex crosses that has been trading consistently between support and resistance levels. I like it when I see any pair behaving like this; it gives me confidence and feel more comfortable looking for trade opportunities.

Please take a look at the next chart:

EURGBP
EURGBP

Now that it is clear that the EURGBP broke the resistance level, I will be looking for long opportunities until it reaches the next LT resistance level.

My Trading Plan:

As long as the EURGBP trades above 0.9118 I will be looking for long trade opportunities. My next LT resistance level is at 0.9271

All short opportunities will be ignored.

Trade Safe!
Raul Lopez

EURGBP, EURGBP analysis, Forex Crosses


Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .