EURGPB strong support. Targeting 786 fib. When price hits 200sm move to break even
Why buy
Why not to buy
*Italian political situation
GBP is a little bit stronger than eur righ now by currency strenght indicator
I dont like previous candles
Besides risk reward ration is ok. Lets hunt some pips
Why buy
- Macd crossover
4H RSI look promising
Strong support
No GBP news today
Germany PPI MoM 0.5 then 0.3 expected
Why not to buy
*Italian political situation
GBP is a little bit stronger than eur righ now by currency strenght indicator
I dont like previous candles
Besides risk reward ration is ok. Lets hunt some pips
Note
Hit at break evenTrade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.