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peterbokma
Sep 22, 2022 9:13 AM

EURGBP-SELL strategy Short

Euro Fx/British PoundFXCM

Description

Overall I believe we should see 0.8530 again as the rise has been like three climbing mountain tops, and it created a kind of strong rising wedge so the speak.

This will not bode well short-term and perhaps GBPUSD will move upwards sharply due to the larger fall of USDJPY affecting GBPJPY as a thought.

Strategy is SELL 0.8730-0.8780 and take profit 0.8578 for now.
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