AlkalineFX

EURGBP - Kept Simple

Long
FX:EURGBP   Euro / British Pound
Trade what you see - a structural shift has occurred at the break of the descending trendline, EUR buying is at an all-time high whilst GBP selling is at an all time high. If trade hits TP great if it doesn't on to the next.

Trade was placed with the Alkaline Team.

COT Data - 79% Short
IG Client Sentiment - 56% Short (Great indication for longs)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.