MrRenev

Gravity pattern on EURGBP...

Short
FX:EURGBP   Euro / Livre Sterling
There is the same trade as GBPJPY but with the euro, similar but gives some diversification:

Same as JPY, EUR also went down but not priced in this pair because every one is so bearish on the pound like it is the end of the world and irrationally selling it no matter what.


EURGBP is better because of all this thick selling. Much better than a wick.

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