EURGBP - Spike, retest.... buy confirmation?

FX:EURGBP   Euro / British Pound
146 3 4
- Ichimokui setup is still bearish , but price could not close below 0,7000 key resistance in the last 4 weeks
- Heikin Ashi candles in last two weeks had small bodies and both upper and lower wicks. Their relative position showed bearish bias. Recent candle is hard to read a bit (not much price action so far early this week), but together with ha/Delta/SMA3 cross up at zero line it may suggest the bearish bias is decreasing, sellers are losing power.. haDelta/SMA3 has been developing a positive divergence compared to price, which on the other hand may be building a bullish wedge formation

- Ichimoku setup is turning towards neutral after a spike from a higher low, but Price is still below key levels: Kijun Sen at 0,7076, next area is 100 WMA and future Senkou B at 0,7130-0,7160
- Heikin Ashi is bullish , but we'd need some more momentum to break the 0,7075 at least

- Spike through Kumo and 100 WMA , followed by retest to 100 WMA this morning. We need one more confirmation for a bullish Kumo breakout criteria: price needs to close above 0,7075 and Chiou Span to make a bullish spike above past Kumo.
- Heikin Ashi gives a bullish candle signal, haDelta/SMA3 cross up above zero line.

If we see some momentum gain and acceleration, short term bullish tgt             is 0,7150
This position lasted for some time. Technically I should have not done it, but I decided to close my long today. Reason is simple: I hate being in too much position when "F"-class central bankers start talking... and we have Mr. Draghi on the scene tomorrow... I still have enough EUR exposure if he becomes HAWKISH! :-D

On the other hand I still hate GBP, I think it is even more overvalued than USD. Thinking about shorts vs NOK for example.
Kumowizard Kumowizard
Closing price was 0,7347. There is still heavy Kumo resistance at/above 0,7400 on weekly chart.
what an analysis,,, vow
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