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samgeorgev

EUR/GBP LONG

Long
Euro / British Pound (FX:EURGBP)  
samgeorgev  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns eurgbplong positive Fundamental Analysis eurozone eurlong
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trendanalysis chartpattern eurgbplong positive fundamental eurozone eurlong
Following positive news on consumer and industrial confidence , service sentiment and business climate gives us positive outlook on eurozone.
Technical analysis confirmations
1-Daily and 1H MA match
2-Price rejecting Daily MA21
3-RSI 6 divergence
4-Price formed strong pin bar at significant previous low on 4H chart.
5-Good risk-reward 2:1
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