"I can’t see a favorable opening for a deal right now. Therefore, I’ll wait to see which of the variants is the right one. "
I think that the eurgbp asset would renew its minimum.
I can’t see a favorable opening for a deal right now. Therefore, I’ll wait to see which of the variants is the right one.
I can see an excellent entrance to the EUR/GBP market after reaching the 0.70790 level. The price will go down.
I can see an excellent entrance to the EUR/CHF market after passing the 1.0845 level. The price will go up
EURGBP on watchlist
EURGBP has had a fine run since the end of November and as the weekly chart shows, is approaching previous strong resistance, with a series of nice long wicks to the candles on the weekly chart shown in yellow. Ideally, I’d like to see it test those highs, then I’ll be dropping down to a lower time frame to look for signs of a reversal, for a potential short this week.
Enter: 0.7830
TP:0.7882 (52)
SL:0.7795 (35)
I think you are correct, going to try and ride it up. Though I don’t think it will get as high as .7954 ( I hope I’m wrong though lol)
Took 20 pips on the gap up this afternoon, will continue to watch this pair. have a entry order for long at .7860. Really just looking for it to break 55 with some strength.
I think that EUR/GBP asset will go down.
Why? Im not saying it will or wont, just curious why you think it will go up
What features in the chart you’ve posted suggest that to you?
I see you’ve drawn a big red arrow pointing upward, but I see no reason for it, from the chart?
There are some people who think that a Brexit vote will damage the Pound more than the Euro (though some think the opposite, too), which would result in a rise in EUR/GBP, but what does your chart have to do with that?