With the start of week looking GBP BULLISH, then we would expect EUR/GBP to come under pressure. The price of EUR/GBP has hit the 50 day EMA and all the EMA's are headed south so I expect EUR/GBP to follow.
Tight STOP just above weekly mid pivot at .8628 area and the target is WS1 weekly support at .8566
Tight STOP just above weekly mid pivot at .8628 area and the target is WS1 weekly support at .8566
Trade active
STOP moved to .8609 locking in 2 pipsTrade active
9/1/24 08:17 STOP moved to .8600 (+11).BEARS taking more control
Trade closed: stop reached
9/01/24 13:58 STOP hit for +11 pips
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.
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.