Eur/Gbp is bouncing within the range, the pair seems have lost its directional strength.
Dec 19 2016 at 11:50
Most currency pairs will be relatively directionless around the holidays.
Dec 19 2016 at 16:04
Looks like a roll over coming into London close , apart from that range bounding as Traders look forward to the holidays and their bonus.
"They mistook leverage with genius".
Dec 20 2016 at 11:37
It’s like that every year. It’s hard to find good signals in such a range-bound market.
Dec 20 2016 at 17:43
All one can do is keep an eye on the tops and bottoms and wait for a break out , check it against GBP/CHF
"They mistook leverage with genius".
Dec 21 2016 at 08:00
Still Bullish against 8304
Dec 21 2016 at 11:49
snapdragon1970 posted:
All one can do is keep an eye on the tops and bottoms and wait for a break out , check it against GBP/CHF
Thanks for the advice, that’s the only prudent thing we can do.
I just closed my long at 0.8430.
Strong support can be at 0.8413. The bullish sentiment continues but the pair is entering the overbought area.
Dec 22 2016 at 14:53
New high 8488 today...still bullish...
Bearish only if pierce back to below 8432
Bearish only if pierce back to below 8432
Dec 22 2016 at 15:03
lee42747 posted:
Strong support can be at 0.8413. The bullish sentiment continues but the pair is entering the overbought area.
Oh yeah!
Dec 22 2016 at 18:19
Eur/Usd 3pm was the move higher ,looks bearish now although the trend is pointing up,well aware that the last spike didnt break 1.05000 level,possible that we could re visit that level and knock it out,that would be somewhere I would think of going short. I think the same with euro pound knock out at 8500.
"They mistook leverage with genius".
Dec 23 2016 at 11:47
Dec 23 2016 at 15:31
Happy Holidays mlawson71,hope you have a great break,see you in 2017.
"They mistook leverage with genius".
Dec 25 2016 at 08:17
More upside for EURGBP as long price does not dip below 8432.
Long @8406 TP 8572 SL 8304 still in play
Long @8406 TP 8572 SL 8304 still in play
Dec 25 2016 at 08:23
New High of Day. No sign of pullback yet.
Dec 25 2016 at 16:55
EUR/GBP 0.8470 was cleared passed and upside momentum is turning positive as long as above it. But the key level at 0.8572 to 0.8660 still waiting to clear for convincing bullish confirmation.
Fundamentally uncertainties are there and January is very critical month to decide its trend.
Fundamentally uncertainties are there and January is very critical month to decide its trend.
Dec 26 2016 at 12:02
I wouldn’t expect any major movements until the end of the holidays.
Dec 28 2016 at 07:54
Another new High. Moving to 8572 soon
Dec 28 2016 at 11:59
It might even reach 0.8600.
Dec 28 2016 at 13:23
Euro weakness,its fallen off a cliff against the dollar,keep an eye on gbp/chf for opposite move to eur/gbp.
"They mistook leverage with genius".
