EURGBP Shorting Opportunity
According to COT report, EURO Non Commercial Shorts increased around 36% while GBP has been strong for a while. I am going to wait for price to come back to 50% retracement and look for opportunity to enter. Again, I might be very wrong about this but it looks like, it's worth giving it a try. Daily MACD also shows a weak bearish move.
Order cancelled
Euro is looking stronger, while GBP is looking weaker according to latest COT report.
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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.