JD_TeenTrader

EURGBP - Buy idea for a 1:6 Risk to Reward

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FX:EURGBP   歐元 / 英鎊
EURGBP has been consolidating for 3 weeks. It has really strong support at 0.8560 to 0.8570.

There is a pattern to go long at the current price. With the strong consolidation, we can expect a big move upwards. The stop loss is very tight - just 30 pips below the strong support.

This is counter trend and looking for a reversal.

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