FX.co ★ EUR/GBP

Let's consider the EUR/GBP currency pair. H1 chart. Today is the third day of sideways trading for this pair. Trading is taking place in the range of 0.87321 - 0.87014. Currently, the pair is trading above the 50-period moving average at 0.87273. If the pair's price consolidates above the level of 0.87416, we will consider buying with a target at -61.8% (0.87664). And if the pair's price closes below the 100% level, we will consider selling with a target at 161.8% (0.86364). Good luck.