Euro vs Great Britain Pound M5 Live Forex Chart
EURGBP,M5 Chart By snapdragon1970
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We did this trade earlier ,entry was at the red circle and I closed out on the upper red line, was looking choppy, better to take less risk and close out, loads of opportunities ahead.
Moving away from the upper BB, but EURO sentiment is still positive over GBP, broke through the last high by 100points+,I would be more likely to be long than short at this stage, at this point wouldn't be a good entry, better to wait until we see something interesting.
Getting pretty close to this last spike, watching this against GBP/CHF for confirmation.
Looks like a short position, although trend is pointing upwards, might be a quick short down to 8600.