Trader, analyst and instructor with a 6-year experience

L.Vereschagin: trading EUR/GBP

Leonid Vereschagin, independent FX trader and analyst

Daily. The eurgbp pair is testing the down-trend line, broken to the upside on March 10. The next support lies at 0.8250 and is optimal to go long.

Chart 1. Daily EURGBP

H4. The price is testing the H4 trend line. 

Trade signal

Buy in a range: 0.8250-0.8280

Stop Loss: 0.8185

Take Profit: 0.8390

Chart 2. H4 EURGBP

The price is in a short-term downtrend. The market is oversold. 

Conclusion: buy-signal confirmed

Chart 3. H1 EURGBP



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