EUR/GBP - What a great pair to trade!

Link: http://www.forexlive.com/blog/2014/0...-24-june-2014/

EURGBP could possibly continue with the rebound till 23.6% Fib. retracement level, 0.8050-60, which could further get extended till 0.8090-0.8100 resistance zone.

Buy 0.79000

- Holding a short @ 0.8250

TP @ 0.7878

http://www.forexlive.com/blog/2014/0...o-commerzbank/

Thanks for sharing the link, very informative.

Looking to short around the 0.7930 area with SL at 0.7950

Eur/Gbp was up by 8 points after BBA mortgages slightly missed expectations and Bank of England minutes. The euro is still weak against dollar and Pound.

wait a great pair to trade hmmm...if your short. there was some good pa for a long earlier today, i took the retrace of the big pinbar...should get at least 2R out of it.

My entry tp got hit so i guess i'm in the run for this one aswell

The available trading range at the moment is too narrow to decide a trade on the long or short side.

What exactly is this chart showing?

- Very boring PA.

You guys think 0.8 will hold? Or are we bound to bust through that?

Well I sold EG @ 0.7950 now i feel like i am trapped what should i do.. can i hold it ?

- If 0.7988 can cap this rally (which we didn't visit it yet), then we could see 0.7947

- If not, we could see 0.7992 then 0.8024, if it holds then u could close ur short at 0.7961 (11 pips loss).

- I've sold a few at 0.7981 because I have 3 longs, which bring up the fact:

- Why didn't u long it??????

- Since July the 16th I've recommended longs at 0.7878 (if u scroll up in this page, u'll find it!!!!!!!!!!) and luckily I have found that Commerzbank recommended the same exact level for the end of the downtrend and I have post it @ #Post 2,505

- Now, if u had long it, u would have been sitting on a 100 pips of profit!!!!!!!!!

EURGBP IS falling guys collect all your pips

Pending short @ .7990-5 upon possible pattern completion.

Looking for a positive tick up in GBP sentiment this week

Green pips comrades

closed 2 buy orders....