See daily chart of EURGBP below for the discussion that follows.
EURGBP is approaching an area of resistance (prior support). I will be watching this area to potentially go short. For me to consider entering, I will have to see bearish price action / candles first.
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 advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.