DETAILS SEE CHART. TODAY WAS MOST LIKELY A STOP HUNT. BREXIT DEAL IS DONE, HOWEVER SUBJECT TO APPROVAL IN PARLIAMENT ON SATURDAY.
CHANCES ARE 50/50. SO EXPECTING BOTH EU/GU TO SELL OFF INTO WEEKEND (ON FRIDAY).
SCALE IN SHORT BELOW 1100.
I DOUBT THAT PRICE WILL PUSH MUCH BEYOND TODAY'S HIGH NOW.
AS ALWAYS - RECOMMEND USING A TIGHT STOP LOSS ON YOUR TRADES! (5-10 EURUSD - 10-20 GBPUSD MAX).
CHANCES ARE 50/50. SO EXPECTING BOTH EU/GU TO SELL OFF INTO WEEKEND (ON FRIDAY).
SCALE IN SHORT BELOW 1100.
I DOUBT THAT PRICE WILL PUSH MUCH BEYOND TODAY'S HIGH NOW.
AS ALWAYS - RECOMMEND USING A TIGHT STOP LOSS ON YOUR TRADES! (5-10 EURUSD - 10-20 GBPUSD MAX).
Comment:
for the latest EURUSD analysis please see my other chart (daily).
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UPDATED CHART - SEE LATEST POST ON DAILY EURUSD