EUR/GBP
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
May 15 2017 at 13:09
Just taking a short on EUR/GBP from 85, later we have MP May speech at 8pm.
"They mistook leverage with genius".
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
May 16 2017 at 10:53
EUR/GBP trade climbs higher on data, I got knocked out with a small loss even though my trading partner told me to move it higher best to stick to the plan, there is a possible peak at 86850 if we draw a line on the daily chart across both previous peaks 88530 and 87875 area.
"They mistook leverage with genius".
EUR/GBP - is testing 0.8590/0.8600 zone. I am expecting slowing down of the pressure coming out from the EUR now. Break above 0.8600 (not earlier then tomorrow, due to avoid fake break outs in the following hours) may open the way to 0.8645/50 resistance
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
May 16 2017 at 16:19
Telltale20
Member Since Mar 28, 2017
12 posts
May 17 2017 at 06:48
I'm keeping away from EURGBP for the now. Euro and GBP are likely to fall IMHO so could be some messy price movement soon
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
May 17 2017 at 09:26
Euro data is quite good for now that's why we getting this bullish move ,might be a technical pullback around 86900.
"They mistook leverage with genius".
mlawson71
Member Since Dec 11, 2015
1487 posts
May 21 2017 at 11:44
I think there might a pullback even from 0.8620 next week. I haven't shorted yet though.
kieran
(snapdragon1970)
Member Since Sep 12, 2015
1944 posts
May 21 2017 at 16:01
mlawson71
Member Since Dec 11, 2015
1487 posts
May 22 2017 at 10:55
It's rallied above 0.8625, I think it won't stop rising before it reaches 0.8700.