I'm doing my home work and sharing. GBPEUR or EURGBP looks good for next week based on 6H time frames.
In fact nearly all Sterling pairs look favourable for trends south. That doesn't mean I'm shorting all next week.
This is not advice or predictions on what will happen.
We have seen GBP / USD fall over recent weeks. Whereas I still believe there are opportunists looking to profit through shorts, I will be going long from the week commencing 28th May.
Here is why;
1. We have gone past the 2018 Daily low (Investors negative around the pounds outlook) and often we see faster recoveries when a major support is broken as traders do...