tomj2417

2 different paths for EURGBP

Short
OANDA:EURGBP   Euro / British Pound
If anyone can tell me which way this one is going to pan out I would be very grateful as these two counts are both totally opposed to one another. With Brexit swinging from positive to negative in the blink of an eye it's very difficult for me to make a call wither way. So many perfect Fibonacci hits as well for both arguments to confuse me even more. Personally, I would lean with the upward path for the Euro and call the correction an expanding flat that stopped on the 23.6 fib so there's your reason to be bullish the Pound.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.