EUR/GBP cross (H4) moves in a downtrend, and the last move is also bearish one. Currently there is an ongoing correction, which has an outreach of previous one and approached a horizontal resistance.
There is also a line connecting highs of the previous downward momentum. It is worth to take a closer look at this very place and search for trend-following trades opportunities.
OptionTrade offers 77% return for EUR/GBP option. E.g. when you invest 100USD in PUT option (DOWN) and the price will be even slightly lower than in the point when you bought the option, OptionTrade pays you 177USD. If the price is higher, you will lose invested money. But you need to remember, that you cannot forfeit more than you trade. Open your account now!
Leave us a comment!
Error, group does not exist! Check your syntax! (ID: 3)