So we had a failed long this week on the EURGBP
, but i still remain bullish
on this the price has not closed below the Kijun(Baseline in Red) since 2015-11-30 the overall trend on the weekly is still up we will try again if the opportunity comes next week for a entry around the red line with a tight SL just below.
A Close below the base line would need further confirmation of trend change on weekly and a weekly close below the cloud.
Please bare in mind the eurgbp
trades are very long term and should not be traded on shorter time frames.