Wait for price to come down to 1.09400 before entering longs. Here at this price it is a strong support level.
Why to buy and not sell this pair? When prices are gaining momentum in one direction it often leads to strong reversals. And price always wants to come back to moving average and this pair makes together with Eur/Gbp makes revelsars more often then other pairs.
TP 1.10100
SL 1.09190
Entry 1.09400
Why to buy and not sell this pair? When prices are gaining momentum in one direction it often leads to strong reversals. And price always wants to come back to moving average and this pair makes together with Eur/Gbp makes revelsars more often then other pairs.
TP 1.10100
SL 1.09190
Entry 1.09400
Order cancelled
I don't think anymore this trade can work out. Momentum on downside is strong. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.