EURGBP set up ideas

I like the low resistance run too to your orange line. Ill be keeping a close eye on it for sure

Interesting to see some weakness creeping into GBP vs EUR based on their respective moves against USD today.

The pair has been choppy in the H4 chart. It may find its support around 0.85750. A bullish reversal pattern may push the price towards the North. On the other hand, a bearish breakout at that level may drive the price towards the South.

A very nice double bottom to go long this week, looking for a continuation next week

The price has been heading towards the North with a moderate pace in the H4 chart. The price had multiple bounces at the level of 0.85700. It may continue its bullish move to end the week.

EURGBP
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.

Did it actually rise high on Tuesday?

Pezza posted:
EURGBP
Last set up on this pair for the year i think.
Looking for a Tuesday high to reach above the relative equal highs but for the November high to stay intact. This is the Yellow box i have marked out, form here i will be looking for and sell opportunity to fill in the imbalanced area that formed with the news last week.
Only after intraday moves being the last trading week of the year and all closed out by Friday.
As always Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.

keeping an eye on the market is the first step to creating the best risk management strategies to reduce the loss on each trade.

I'd say there is a false fall right now. Most of all will be a good rise next week.