If you’re bullish EUR then there are some very strong technical reasons to be long EUR/GBP at close to current levels. There were four successive intraday lows near .8850 and now we have the bullish daily trendline and a 61.8% retracement all coming in near the same level. Risk-reward favours a long play with a tight stops below .8830 looking for a return to trend highs at .9080.
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