i am new to forex, what do u guys think about eurgbp today.Now i am still fighting +20 pips.(lost a lot today though)
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DislikedMailSeven,
Personally, I would give eur/gbp a bit more time to decide. We have three previous strong 4H bull candles so there is some buying pressure afoot. The opposing shadow, which might indicate more south action, isn't very strong. Your fibo looks good though. I would wait...Ignored
DislikedWell then, with deference to Pip26, here's what I'm looking at right now for a CAD short. Daily is also showing a strong bearish engulfing.Ignored