EURGBP – Trading in a short term range
The EURGBP is trading near a LT level in a short term range, as you already know, LT levels are zones instead of “levels”, that zone can easily be determined in the short term charts, in this case, the zone is from 0.8570 to 0.8633:
I’m waiting for the market to break the ST range, then I’ll start looking for trade opportunities in the direction of the breakout.
Trade Safe!
Raul Lopez
Forex Training