Disliked{quote} Hi Guys, I have taken a buy trade just above my daily pivot at 1.30286. s/loss just below 1.30000. I Will update later. CheersIgnored
Some of you may have noticed that I sold Eu and Bought Gu, well there is method behind my madness. EurGbp has been at the upper echelon of my yearly trading range for a quarter of this year. Eu has enjoyed a solid run from my yearly support and currently sitting on yearly resistance whilst Gu has lagged in every aspect and just recently made it past my yearly pivot. This is purely a technical view and should not be taken to heart, but kept in mind, we all know the fundi's can mess this up. I believe EG is sitting on the edge of a cliff and there could be a serious decoupling between the Euro and the Pound in time to come.
Anyway back to GU with my buy trades of today.
Have a great week
Cheers.
Trade to trade another day
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