EUR/GBP Analysis : h4 chart
EUR/GBP moved in a downtrend for long time without any retracements.
Recently market surged from bottom zone in 4 hour chart.
After the Push up, we expect EUR/GBP to continue moving up for making big retracements.
But market came down slowly and reached our stop loss price. Since the market is often moving now in Sideways for long time.
Most of the forex currency pairs is moving sideways at this time, not making enough movement due to uncertain volatility.
Crude Oil fall is an historical crash so far which makes the market more uncertain.
Please note : Most of the forex brokers increased their margins requirement for trading due to the historical crash of oil markets which impacting world wide economy. Please don’t use high lot at this time. Trade safe with care.
We always want you to trade forex market safe with care.
Please Don’t trade all the time, trade forex only at best trade setup.
It is better to do nothing, instead of taking wrong trades.
We are here to help you for taking the trades only at best trade setup.
If you like to receive more analysis at accurate time, subscribe to premium or supreme signal plan here : forexgdp.com/forex-signals/
If you want to learn forex trading using best trading strategies, you can purchase our forex trading video course here.
Thank you.
