so whats everyones theories? i have my money going long(eurusd) once it hits its trail stop… but im not sure about the gbpusd…what do yall think?
I’m short on the GBP/JPY based on a bounce off the 38MA and continued holding. It’s shown some decent downward momentum and the GBP/USD is starting to be dragged down as well.
However, I’ve been waiting for the EUR/JPY to do the same and it hasn’t had the same movement yet. EUR/USD made a little movement this morning, but I would be cautious with the GBP/USD starting to fall. It may drag down any position or potential LONG.
Or it could just putter along all day…:rolleyes: