A cool short with 8590 as target would have a reason to test the bottom.
Dislikedguess so... targeting very little pips though...Ignored
DislikedIt has broken all time highs - no one wants to buy the pound anymore - there is still a lot of countries who hold reserves in Euros - EU zone doesn't look good either - but is much better placed than UK - plus a lot more such fundamentals say that E/G is going higher.
Technically we should be looking at 88.60-88.90 region as a fib level before a retracement.Ignored
DislikedJust look how many times she's dancing and bouncing at FE 61.8 level ..
As of now I really don't know where she would goes.. So, I will watch from side line only...few times already I get caught by red pips.. I think I will start trade back this pair on Jan 09...Mean time I will look at other GBP and EUR pair..
I got a feeling we will see 0.9 level soon but my feeling always wrong..Ignored
DislikedWow... EURGBP now becoming the beast...
This is surely gambling party between two currency race...
You don't need a chart to tell or play this EURGBP game at the moment..
You won't see any logic in the chart anymore this DEC..Ignored