EURGBP: Trading Plan

2019-11-11 19:07:42

https://www.tradingview.com/x/qyFzwEIf/

what a boring price action on EURGBP.
the entire month the market is trading within a narrow trading range.

It looks like finally selling pressure is accumulating.
Most likely the pair will break below the underlined range and face with a strong zone of demand.

I will try to catch a bullish impulse around 0.85 major structure support level.
In my view, the price will retrace at least to 0.87 level.

no matter what is your execution technique, I suggest setting your stop below 0.847