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ivanyoz

EURGBP Potential Long Entry

Long
Euro / British Pound (FX:EURGBP)  
ivanyoz  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators EURGBP eurgbptrend eurgbplong
3
0
trendanalysis chartpattern indicator eurgbp eurgbptrend eurgbplong
50 MA above 200 MA, signalling bullish momentum

We have had 2 pullbacks to what I call 'value areas' where it is a good area to enter long. Currently it is developing a third pullback into a 'value area' which I think would be a good area to go long from.

Target around 0.90140
Stop 0.89100

Good luck!
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