long eurgbp now
Updated
building a long position from here, piece by piece. No bag holding though.
Comment
Just refining this. I'm noticing that 0.8727 is a pretty important weekly close from October 1992, so that is going to be my line in the sand on this one which, from here, gives me about 100 pips to work within before I would start unwinding.Trade closed: target reached
Starting to take some profits here around 0.8730 ish. Will take a good lump off and trail the rest.Comment
EURGBP is now setup I think. From here I can't see how there will be any downside.
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