DariusAnucauskas

GBPEUR - 240 - Watch the breakouts

FX_IDC:GBPEUR   British Pound / Euro
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2
Ok, so it looks like GBPEUR is in a channel. Does it want to stay there? Let's find out. Planning to trade the breakouts.
Potential SHORT:
SELL at around 1.17900.
TP - 1.17200 (to test the previous low) and maybe lower. Reviewed closer to that time.
SL - 1.18200

Potential LONG (staying in the channel:
BUY at around 1.18100 (if candle closes above that)
TP - ideally 1.19450 (but you decide once you're in profit)
SL - 1.17900

Keep an eye on the price action!