Currently looking to short the EURGBP as a intraday trade so I wont bein position for longer than a few hours.
My reason for wanting to short this pair is simply we have hit a decent resistance which we have retraced from but we are currently hold at a price which has held as support. We are also failing to make new higher highs so this is a small indiciation that we may be looking to change direction in the market.
Break below 0.7634 and I will look to go short.
My reason for wanting to short this pair is simply we have hit a decent resistance which we have retraced from but we are currently hold at a price which has held as support. We are also failing to make new higher highs so this is a small indiciation that we may be looking to change direction in the market.
Break below 0.7634 and I will look to go short.
Trade closed: target reached