PardoFX_Trading

EURGBP Support too strong unless you use Fundamentals.

FX:EURGBP   Euro / British Pound
Can I see EG fully breaking a trendline not broken since December 2015? Nope! I can see it pushing inside back towards the previously failed area but with support from the 50% Fib level, the 100SMMA & the weekly support line it will take something major to push this through. Something such as EUR GDP & CIP fundamentals on Wednesday, or GBP interest rate decisions on Thursday. Too much volatility I am going neutral this week.
Join the PFX Trading Group
https://pardofx.com/
https://www.facebook.com/pardoFX/(Follow us on FB)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out