EURGBP Technicals

EURGBP H4 Chart - Looking at this pair on the H4 timeframe we can see price has made a bullish impulse move to the upside after we retested our .83000 monthly key level as we posted on our Instagram @oneumbrellafx. We can see price has started retracing after we hit our last equal lower high around .85750 zone. Current market price is still showing bearish signs and has retraced to our bearish 61.8% fibonacci around .85126. We will now look for this pair to retrace further back to our 61.8% daily bullish fibonacci around .84000 psychological level where we can look for potential buy trades on this pair.

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