Bullish view on EURGBP
Updated
The following picture in EURGBP cross is the logical extension of further EUR growth expectations.
Long position in EURGBP cross would be an alternative to simultaneous positions in EURUSD and GBPUSD outlined in recent views:
Buy @ 0.8970, TP1 0.9240, TP2 0.9490, Stop 0.8850
Long position in EURGBP cross would be an alternative to simultaneous positions in EURUSD and GBPUSD outlined in recent views:
Buy @ 0.8970, TP1 0.9240, TP2 0.9490, Stop 0.8850
Trade active
Long @ 0.8970, TP1 0.9240, TP2 0.9490, Stop 0.8850Trade active
Move Stop to 0.8980Trade active
move Stop to 0.9080Trade active
Price came short TP1 target by 20 pips on Friday and triggered Stop at 0.9080 this morning.Re-entering Long at 0.9050 with the same targets and Stop at 0.8980
Trade closed: stop reached
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