Euro frente a Libra esterlina M15 Live Forex Chart
Gráfico EURGBP,M15 de snapdragon1970
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Looks interesting ,maybe a short soon on this trade,worth keeping an eye on.
This pin bar didn't break the previous low next bar will tell us if more buyers are coming in, the pattern is starting to change.
Possible bottom here,although 87 would be a safer entry point ,I will keep a close eye for a breakout to the upside,if not 87 will be next.
ECB rate unchanged,Draghi press conference in 35mins.
BOE remains unchanged,ECB rate decision next.
10 pm push,usually its a sell off ,not this time though,meeting tomorrow.
Large pin bar,will continue to hold this Long, room for pullbacks to play out,as long as it stays above 88 on re test.
This large sell bar caught my attention near this previous support area,sometimes fake out on a break out.
Going back to where it bottomed before,3.30-3.34GMT might see a move as we move to London close.
As noted below ,break of the MA
Trying to break the MA on the daily,GBP/JPY dropped but will probably hit its MA and bounce so this may be short lived,just be aware of that
20 pips short of my target yesterday ,2 options here short to 87 or wait and go long from 87 area,2nd option I pick.
This sell pin bar level I see as a stumbling block to go higher, 40 pips is fine for little work.
Draghi is giving a speech soon so be ready
A slow grind ,so far each pin bar has higher lows,I set an alert earlier so I wouldn't have to sit an watch this trade, my TP and stop are set.
Possible long here, on the 4hr chart it looks like a possible entry,my stop is at this pin bar bottom,88400 would be my first ceiling since the range is playing out.