EURGBP is trading in a rising wedge pattern. It is also trading within the Fibonacci Retracement levels. We might see the price level to touch 50% Fibonacci retracement from the current level. One can trade for long according to Fibonacci retracement levels with proper risk management and stop loss.

Note – trade with the proper risk management system

Thanks

Vivek_Samale
Vivek_Samale

I have half a decade of experience as a trader and enthusiastically learning & developing new strategies in algorithm trading & also analyzing the companies with New ESG method.