alex.ofx

EURGBP TIPPING POINT?

FX:EURGBP   Euro / British Pound
1
Hi traders,

EURGBP looks interesting! Pass 2 trades on the commodity didn't go as plan, we took a small loss. Now we look at GBP pairs. Will the bulls be able to push to a new high? Or is this going to break and give us some good pips?

I personally favor price to retrace to the 0.618 to short it down hard! Thats my PERSONAL preference. GBPUSD pair is also at a critical trendline.......SO we shall see how it goes. This will set the mood for the rest of the week.
Please share your ideas if you have any (:

All the best and trade safe guys.
Please give this idea a like if you share the same view.
Follow me to show your support! I will genuinely appreciate it!
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.