EUR/GBP

Short for now on EUR/GBP, 84500 would be a place I would think about going Long. Keep an eye on GBP/CHF its getting near 2600.

Completely , GBPCHF has broken the resistant and it is also a inside bar breakout from a minor resistant. I will be long today.

And already running short at EURGBP (1:3 Risk:Reward) , inflation data from UK should help it tomorrow.
All the best.

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I think previous image link is broken (anyway, I am not good with code)

Hello guys anyone with views on GU and GJ, Alright now am on short gj and gu ur views are welcome

Fantastic short trade on GBP/JPY from 142.238 and EUR/USD long 06010

Looks like EUR/GBP might do a round trip back to 84800

judexfx82 posted:
Hello guys anyone with views on GU and GJ, Alright now am on short gj and gu ur views are welcome

Hi Judex , I usually only trade EU,EG GJ looked like a no brainer yesterday same with EU.

snapdragon1970 posted:
Looks like EUR/GBP might do a round trip back to 84800

I agree, I shorted a little while ago.

Keep an eye around 85 its a mid point on BB on the 1hr chart

Nice trading Mlawson71!

Might be a speed bump coming into the London close around 3.30-3.45

I just took long position at GBPJPY Target 144.48 It is more than 190 Pips. and running my EURGBP position since last week.



(please adjust your chart, you might have different price)

EUR/GBP - Looks nice 30 points candle on 1H chart. Most likely the movement may go up to 0.8520/40

snapdragon1970 posted:
Nice trading Mlawson71!

Thank you! I think that now it’s time for longs though.

Was away today, no trading, checking out Meir Barak on Tradenet.
Just looking now, on the 4hr looks good to 85200 although its quite common that we get a bit of a fade this time of evening.
The trend still remains bullish.

kerstin71 posted:
I just took long position at GBPJPY Target 144.48 It is more than 190 Pips. and running my EURGBP position since last week.



(please adjust your chart, you might have different price)

Your running EUR/GBP since last week, do share.

snapdragon1970 posted:

kerstin71 posted:
I just took long position at GBPJPY Target 144.48 It is more than 190 Pips. and running my EURGBP position since last week.



(please adjust your chart, you might have different price)

Your running EUR/GBP since last week, do share.

As you can see I am holding short at EURGBP from Feb 7 and will run till next Major support .83326 (Low of September 6, 2016) .

However, we have a minor support at .84495 (high of Dec 19, 2016). A daily candle needs to close below this price, which will push the price to the support .83326.

Anyway, in daily chart price action moves slower and takes time to hit TP. This is something a Swing trader knows very well.

(Note: My chart from Hanseatic Broker that is why I mention the date so that you can adjust the price as your chart)

All the best

Thanks for posting, your minor R1 is in the wrong place, its around 85 ,next is 85200 its doubtful that GBP will reach that bottom of 83326 anytime soon, nothing wrong with drawing trend lines they do give some clues, but if everyone is using them where is the edge.

On the daily chart EURGBP price is moving in a range between 0.8455 and 0.8640. I agree that it is less likely to see a drop down to 0.8330 levels in short term. I have an open long trade since couple of hours and so far all good. Waiting to see the British Retail sales figures if there will be an impact shortly.