EURGPB strong support. Targeting 786 fib. When price hits 200sm move to break even
Why buy
Why not to buy
Italian political situation
GBP is a little bit stronger than eur righ now by currency strenght indicator
I dont like previous candles
Besides risk reward ration is ok. Lets hunt some pips
Why buy
- Macd crossover
4H RSI look promising
Strong support
No GBP news today
Germany PPI MoM 0.5 then 0.3 expected
Why not to buy
Italian political situation
GBP is a little bit stronger than eur righ now by currency strenght indicator
I dont like previous candles
Besides risk reward ration is ok. Lets hunt some pips
Comment:
Hit at break even
Trade closed: stop reached