alex.ofx

EURGBP TIPPING POINT?

FX:EURGBP   Euro Fx/British Pound
34 0 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.
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