DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Thursday, April 22, 2021

If we can hold above 0.8600 here on EUR/GBP we may...

If we can hold above 0.8600 here on EUR/GBP we may...

EUR/GBP OANDA:EURGBP

Prior chart:

snapshot

Recent analysis was able to milk 100 pips out of this pair and Sterling is fading as well following a test of 1.3950 vs the Greenback, though should derive more independent impetus from UK retail sales and flash PMIs on Friday if not public finances and the upcoming CBI surveys.

If we can hold above 0.8600 here on EUR/GBP we may now look for elastic moves back into new highs.

from Trading Ideas https://ift.tt/2QNBxBY
via gqrds

No comments: