FX:EURGBP   Euro Fx/British Pound
58 3 3
7 months ago
Price failed to break below 0.77472 which coincides with the 2012 July lows, even though polls say he U.K. is more likey to stay within the E.U. its not plausible data to be trading upon in my opinion, with the recent news releases from the Euro-Zone it may seem that monetary policy may be aiding in the economic expansion in regards to GDP however consumer and domestic economic expansion which negative interest rates tend to focus more on in helping spur consumer spending have performed at a lacklustre pace. With recent global developments from showing contractions in growth such as Australian CPI             & PPI figures and Japanese CPI             and household data the EUR may extend some gains and investors look for a place to turn in order to reap possible gains.

My first target is 0.79159
my final target is 0.81090
7 months ago
Trade closed manually: 109 pip profit
malachi-hibbert
7 months ago
snapshot
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malachi-hibbert
7 months ago
4h chart with a better view of my entry price

snapshot
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malachi-hibbert
7 months ago
still long at 129 pip profit
Reply
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