EURGBP. Short on Agreement

FX:EURGBP   Euro / British Pound
31 0 6
The GBP was under a heavy pressure since the beginning of the year as there were no clear advantages on keeping the Great Britain within the European Union and the referendum on leaving the European Union was approaching.

This Saturday the Prime Minister announced the Referendum on the 23rd of June and inspired the citizen to keep Britain in the Union as EU agreed on all conditions the british government set as mandatory.

Unless any surprise happens in the following 4 months and on voting itself, The Great Britain will remain in the EU and GBP will start it´s recovery. Also, if ECB slashes the interest rates in March, EUR may finally start devaluating to other currencies , specially, to GBP and JPY.

I go short if quote breaks small 0.77 resistance:

Sell order on 0.765
SL: 0.78
TP1: 0.75
TP2: 0.72

The quote may go up and down until the results of the Referendum are known, specially, if the surveys won´t show a clear advantage of those who want to keep Britain in the European Union.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out