Selling EURGBP on break of 0.87475 (watching PA on 1h and 4H)
Upside gained quite some momentum on Friday; however, it is unlikely to last long.
0.87475 is an important level; use indicators and watch PA closely as it PULLS BACK, likely to break the level during the first London session next week.
Aggressive trade: sell a few hours into market open.
Target: 0.86550.
Upside gained quite some momentum on Friday; however, it is unlikely to last long.
0.87475 is an important level; use indicators and watch PA closely as it PULLS BACK, likely to break the level during the first London session next week.
Aggressive trade: sell a few hours into market open.
Target: 0.86550.
Comment:
Closing half the positions, ~50pips; if taken the aggressive trade.
Comment:
Moving SP to 8750