Eurgbp Market Geometry

[tradingwizzard 10]

to break or not to break? this is the question

[Day trader 10]

Ya, if British continue the talk about exiting European Union Pound may continue falling like never before. Last time Cameron did the talk about that Pound collapsed around 1000 pips against gbp/usd. I mean the fall that happened January-March 2013.

[tradingwizzard 10]

this time is more likely for Carney to do the job

[roobin54 10]

hi

 

time h4

 

pattern : shark

 

[roobin54 10]

hi

 

time h4

 

pattern : shark

[tradingwizzard 10]

the air that high was proving to be too much for the cross as now it is yet again at the bull/bear line (the brown one in the image attached).....seems that the Vodafone - Horizon deal is keeping the pound bid and the flows there are affecting both the eurusd and eurgbp

[tradingwizzard 10]

hi

 

time h4

 

pattern : shark

 

hi there.....can you show the pattern in order to see how market reacted after it?

 

thanks