SamKent
Long

EUR/GBP Pullback Entry Plan

FX:EURGBP   Euro Fx/British Pound
61 0 2
The EUR/GBP             has broken through resistance and is now in the midst of another bullish sequence. We're interested in buying the pair on a pullback towards equilibrium. With that in mind, looking at the technical outlook, we're interested buyers at the point of confluence between the 0.800 round number and previous resistance area, the recent ascending trend-line, the kumo cloud and kijun sen, and finally the 60 RSI area. If these criteria are indeed met we're buyers, with a tight stop just below the kumo cloud.
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