How EURGBP Holds During Correction
When the EURGBP trends, it tends to hold the 50% Fibonacci level to the pip. In fact, a break of the 50% Fibonacci level tends to signal a reversal of the trend with price action to move in the same direction of the correction. When it really trends, it will hold the 38.2% Fibonacci level to the pip. If it breaks this level, it will invariably move towards the 50% Fibonacci level.
Just a tip. When you trade a select few currency pairs, you get to know its personality. And you can take advantage of that in your trading.
