This pair is moving back towards 87400 area as suggested earlier,will be looking for a support area for a Long position.
I will be waiting to see if this sell bar breaks the support line and completes its round trip back to 87400.
25 pip scalp short very nice.
Missed the bounce on the figures,caught 20 pips on GBP/USD though just after the release,looking for lower entry for EU/GBP.
One pair to keep an eye on tomorrow with BOE.
Good thing we closed this short earlier,pound getting bashed because of the house of lords vote 335- 244
Closing this short 8770, nice risk reward, stop was 5 pips reward 20.
This Looks like a round trip pattern
Looks like Eur is going bearish against pound off 88.
Repeat of previous pattern,waiting for a bounce off 87 on the 4hr chart next.