Wait for the pullback and sell the high of EURGBP as france goes into election and UK seems to have a clear road to the future.
Bearish EUR:
Election is still an uncertainty. A frexit is still possible
Bullish GBP:
1. Really undervalued from the real value calculated by BIS
2. Early election put conservative party at an unprecedented advantage in UK, and the PM...
EURGBP at the end of the week sitting at the bottom of a well tested range. For the next 10 days, markets are likely to be preoccupied with Euro uncertainty regarding the French elections, and so are unlikely to see a significant BreakOut until after the 23rd, and potentially the 7th of May.
I plan on buying at around .8445, with a first profit take at the top of...
