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Posts by
38steps
EUR/GBP
in
New Traders
Sep 11, 2017 at 06:30
Yes Kieran, if you look at the charts I posted, this all ties together with the daily chart doji, the close of which is 0.90416. This is "just above" larger scale support.
EUR/GBP
in
New Traders
Sep 10, 2017 at 07:05
Check out the Weekly chart for eurgbp. The weekly resistance around the 0.90000 area has yet to be tested as support. On the daily chart there is a clear level just above this area which is about 50% of the recent leg higher. This is a level I will be looking to exit shorts and potential try to enter long. Basically, I think there is still about another 100 pips of downside before looking for signs that we will bounce.
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