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Nov 15, 2016 9:26 PM

EURGBP Long Long

Euro Fx/British PoundFXCM

Description

Here we have the EURGBP potential long.

Following the trend since Jan 16 I am looking at only long positions on this pair. Brexit has also given the Euro a boost against the pound.

The price is at the 100MA, The RSI (2) was oversold prior to todays PA. The STOCH is also oversold. Price has formed an inverted hammer/outside day. In my opinion this is a good chance to go long if price breaks the previous days high if 6400.
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