We have been trending upwards on EUR/GBP for quite a while now. The GBP is strong since EU chief Brexit negotiator Barnier stated that “The ball is in the UK’s court" meaning that the EU will not cut a deal with the UK. I am biased long here. Price is still inside the channel. I am looking for a break of the resistance at 0.91057 and a retest before going Long on this trade. If price rejects the resistance, I am looking for a short on this pair. Patience is key for a sniper to hit its target.
Follow my trading view account for more ideas.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully.
Follow my trading view account for more ideas.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully.
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EUR/GBP played out nicely. 30 pips profit on my entry at my channel now. Good way to start the week