peterbokma

EURGBP-BUY strategy

Long
FX:EURGBP   Euro / British Pound
Last week had good idea at first and then changed mind.

The shape of the channel shows are are near support 0.8494 and further down cloud support 0.8454. The stochastic 4-hourly chart is positive and it feels it may push the pair higher.

Strategy BUY current @ 0.8505 and place stop-loss @ 0.8430 and profit order @ 0.8678.

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