EURGPB strong support

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

Yorum:

Hit at break even

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