Dear traders,
Here is your EURGBP Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “6”, meaning that the GBP is stronger than the EUR, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 0.8646 (with a 1% risk position size)
Our 2nd Buy Liimit is placed at 0.8670 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 10.8484
Our Stop Loss is placed at 0.8687
This is a 175 PIPS trade - Risk Reward 1:12
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Trade Smartly.
Here is your EURGBP Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “6”, meaning that the GBP is stronger than the EUR, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time.
Our 1st Sell Liimit is placed at 0.8646 (with a 1% risk position size)
Our 2nd Buy Liimit is placed at 0.8670 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.
Our final Take profit is placed at 10.8484
Our Stop Loss is placed at 0.8687
This is a 175 PIPS trade - Risk Reward 1:12
Thank you. Like & Subscribe.
Trade Smartly.
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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.
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.