EURGBP – Longs, longs, longs

The EURGBP is trading in a very strong bullish market condition. What is interesting about this cross is that the next LT resistance level is around 0.8919, and it is currently trading at 0.8611, you know that 300 pips in the EURGBP are a lot of pips, most of the time the SL used in this cross are pretty tight:

As long as the EURGBP trades above 0.8588 I will be looking for long opportunities.

Trade Safe!

Raul Lopez
Forex Training

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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 .