Under the radar - this month is critcal for this pair
Comments
LEONES
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Euro/POUND SUPPORT GONE! 0.73 is the next..
trust512
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Just look @ fundamentals. Euro is on the verge of total deflation, 12% unemployment, Grexit talk on the top. And comparing to that UK holds quite still, pushing forward. I suggest looking for short opportunities ;)
LEONES
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yes I agree - below 0.77 the support is gone. 0.72 TARGET
LEONES
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Not sure now, I think this pair will move hiigher starting from next week
trust512
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You mean that by fundamental/technical reasons? Did anything happen? I'd really want to know that because im preparing for a heavy-shorting here ;)
LEONES
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technical reasons. If the pair moves lower tomorrow I think it's a good time to buy. I'll post a study
LEONES
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seems you are right - monitoring
trust512
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There's still time to jump in the trend. Price will be floating around this level for a little while, so there is no hurry, but eventually it will resume swinging down.