EUR/GBP Analysis: Long Bias This Week

EUR/GBPLongSwing4d ago5 views

Trade Setup

Entry Price

0.85822

Stop Loss

0.85721

Take Profit

0.86024

Risk : Reward

1 : 2.00

RiskReward

Technical Analysis

Looking at the 4-hour chart, EUR/GBP is showing a clear pennant pattern near the 0.85822 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. EUR/GBP has room to move.

Trade Setup

Entry at 0.85822 with stop at 0.85721 gives a clean 2:1 ratio. Target: 0.86024.

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