I am looking at EURGBP at this time, along with other GBP pairs, because the structures are in sync.
This makes me think that indeed we are about to switch trends.
The views for EURGBP:
- short-term: bearish from current levels (approx. 0.83650) until 0.82300
*150 pips trade
- medium-term: bullish from 0.82300 all the way until 0.87500 and beyond.
*500+ pips trade
Many pips ahead!
This makes me think that indeed we are about to switch trends.
The views for EURGBP:
- short-term: bearish from current levels (approx. 0.83650) until 0.82300
*150 pips trade
- medium-term: bullish from 0.82300 all the way until 0.87500 and beyond.
*500+ pips trade
Many pips ahead!
Comment:
Short-term selling, medium-term buying.
Trade closed: target reached:
Bullish Impulse complete, target reached.