EURGBP Sell
A range trade that we have been following for a few weeks, EUR/GBP, continues to throw up opportunities with both resistance and support holding firm. The 0.8560/0.8721 spread has been touched several times over the last two months with each test producing a turnaround in price action. The current spot price is now closing back in on support, with the move being given extra credibility by the short- and medium-dated simple moving averages and a series of lower highs from late April.
Trade closed: target reached
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linktr.ee/Tkprophet
linktr.ee/Tkprophet
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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.
Join our Community Learn, Earn, and Grow!!
linktr.ee/Tkprophet
linktr.ee/Tkprophet
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.