TheDukeUK

EURGBP Weekly Chart

FX:EURGBP   Euro / British Pound
20 0 0
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.

Cheers
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