Having a look back at the previous analysis that I published earlier last week on the EURGBP pair. Looking for a positive data release from the Great British Pound CPI and therefore shorting this pair. I developed a box area where we were trading in a range and I was anticipating a break out of the range following the data.
Join me as I review the analysis, how it all planned out, and then also why I believe it moved the way it did. Also why a lot of people would have been caught out by the actual release of the CPI data.
I hope you enjoyed this outlook an as always. Have a successful trading week!