I try to make analysis for eurgbp pair today.
I see this pair still in strong bearish movement . If this pair can break the 0.8837 support level, I predict this pair will go down to the next support at 0.8787 But if this pair go up and break 0.8888 resistent level, I predict this pair will make some correction to the next resistent level at around 0.8938
Sell signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Sell with stoploss at 0.8872 and take profit at 0.8787
my advice .. don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.