Newmount_Trading_Exchange
Long

EURGBP Long, on clear Break of Strong Daily Resistance

OANDA:EURGBP   Euro / British Pound
We are looking to enter long if EUR can break strong daily resistance level of 0.91476. Market has tried to break this level on a number of occasions but failed.
However with a quiet week of Fundamentals for this pair price action should play out.
If we can see a bullish candle formation break clear we expect a run up to Monthly Resistance of 0.95269.
Aug 23
Trade active: Moved SL to Break Even.
Currently up 53 Pips
Aug 26
Trade active: Currently up +75 Pips
Moved SL to 0.92333 Lockin in +50 Pips
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