FX_IDC:EURGBP   Euro / Livre Sterling
Eurgbp has been ranging for the past couple weeks and is once again approaching the top of that range around the @.9000 area.Going in to this new week my bias is to the downside. However the trend over last week has been moving strongly to the upside with Wednesday's candle leaving a large wick which is most likely going to be filled. As of Thursday and Friday there was a gradual decrease in bullish strength signifying the bulls are taking profits and the bears stepping. Therefore i will be monitoring price action on a lower time frame waiting for price to create its "stop hunt" before making a push lower and enter on the retest of the move.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.