Euro / British Pound
Long

EURGBP - Upside Gains still being capped by month long T-Line

EURGBP is still having trouble clearing its 1 month T-Line resistance and is pulling back. Short term cluster support is cited at 0.7295/0.7276 which would be interesting to see what price does there as it could prove to be an entry point for longs. However a break below that support cluster opens the possibility of a march downwards towards 0.72 and possibly 0.7154. Still Long against 0.7276.

Disclaimer