Eurgbp looks ready to reverse back up so im buying on a fresh H4 demand retest with small 30 pips stop and over 500 pips target.. madness!
1. Currently the EUR Groups are weak therefore this is a counter trend trade against the EUR GROUP 2. If prices stabilizes above 0.8650, there should be a chance to enter a buy and take it to the top of the 4hr range 3. Waiting for the sellers momentum to die off from both the EUR groups and the EURGBP.
Money Spot is the key,,, when Market preparing to go your own risk
As the pair refuse to retest the critical level on Friday being the end of the week, Market present a weak push which might continue the UP PUSH i.e. UPWARD movement continues but with RANGE market towards 0.8311 and above with BUY ENTRY at 0.8012