The808Trader

EUR/GBP Ichimoku Long Trade Idea - The808Trader.com

Long
FX:EURGBP   Euro / British Pound
This pair was moving sideways in consolidation until the Euro news from last week. Barring any news that could move this pair to the downside, I am expecting this trend to continue. We've had a kumo breakout and now it has fallen to support, but remains bullish overall on this time frame. I am looking for a buy entry and targeting a previous high of  .8929 as my TP level. 
If any of our bullish confirmation signs change, it may invalidate this trade.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.