Rangebound unless breakout : EURGBP

We can see from chart that price has bounced multiple times from current support and resistance levels , and is trading range bound in horizontal flat channel ,

Our BIAS on pair is BULLISH , however we want to wait for confirmed break out from the range , till then buying near bottom of channel and selling near top is recommended.

In these articles we post intraday possible outcomes of pairs based on naked trading setup only .. We do not take into account fundamental news which may move pair significantly in any direction , follow your trading plan .

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