lawlee9

EURGBP possible long play for a small gain

Long
FX:EURGBP   Euro / British Pound
3
Breach of the previous highs indicate to me that we may be able to see prices move higher even though we had a pretty strong sell off after the high was created. Buy order waiting at .7528 (50% retracement of move) and targeting the short term role reversal level at .7683. Not a large target, but could be a decent play. Prices may drop or go up from there, but we'll play it from there.
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