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:
Tags: EURGBP analysis
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