Charts, Levels and Strategizing

EURGBP: Week of 12 May 2025

See daily chart of EURGBP below for the discussion that follows.

EURGBP is close to testing a breakout level (resistance turned support). I will likely go long if this support is tested and I see bullish candlestick price action.

Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.

On Ideas: Please don’t take this as trading / financial advise. Please do your own due diligence before entering any trade. Also see Disclaimers.

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