Forex Trade Idea: EURGBP - Key Resistance Ahead, Looking to Sell | Feb 20

eurgbp layers of resistance levels 2ndskiesforex

Chris Capre’s current live open price action & ichimoku trades: USDMXN, EURRUB, EURMXN, BIG, DIS, AC, ISD

New to Forex? Then check out my FREE Learn Forex Trading Course with videos, quizzes and downloadable resources

Top Trade Review: Check out this weeks Top Forex Trade Review with my student banking +158 Pips on the EURCHF nailing a PERFECT ENTRY!

Forex Trade Idea: EURGBP – Approaching Multiple Layers of Resistance (daily chart)

Price Action Context

Currently in a corrective structure on the bottom of a downtrend, the EURGBP has bounced of a multi-year support level near 8276 over the last two days.

However, the pressure remains on the EURGBP (along with many EUR pairs) and multiple layers of resistance lie ahead …

... Keep reading