GBPRUB - 240 - Short-term idea

FX_IDC:GBPRUB   British Pound / Russian Ruble
Trade Alert

Keep a close eye on the potential breakout area at around 85.39. If the pair makes a run for it and we see that break, this may clear the path towards slightly higher levels. Because the RUB had already a good run against its top world rivals, we can see that the pair struggled to drop below the support area around the 84.80 mark.

Ignore the idea, if the rate falls below the 84.80 hurdle.

Please see the chart for levels.

Don't forget your stop-loss.

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