EurGbp outlook

2019-11-06 19:05:38

After a violent drop from 0.9 figure, EurGbp is consolidating in a very tight range of about 50 pips. The market looks heavy and we can expect a break of the range support.
A daily close under 0.86 gives us reason to be bearish and could expose 0.85 psychological level.

Sell on break
SL above 0.8670
TP @ 0.85