EURGPB strong support

Updated
EURGPB strong support. Targeting 786 fib. When price hits 200sm move to break even

Why buy
  • Macd crossover
    4H RSI look promising
    Strong support
    No GBP news today
    Germany PPI MoM 0.5 then 0.3 expected



Why not to buy

*Italian political situation
GBP is a little bit stronger than eur righ now by currency strenght indicator
I dont like previous candles

Besides risk reward ration is ok. Lets hunt some pips
Note
Hit at break even
snapshot
Trade closed: stop reached
Support and Resistance

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