pezz55
Sergeant
- Messages
- 204
EURGBP Trade update.
This is the same set up as I was looking at last week on EURGBP.
As you can see this pair has come back up to the middle of the range an has consolidated all week. We did tip above the 50% level on 1 candle last week but no set ups formed,
I have added the news data for tomorrow and you can see there is GBP - EUR and USD news tomorrow with FOMC in the evening this could be a clear driver for points of interest and market moves.
With this in mind I will be watching the markets for set ups around this time.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
What are your thoughts on tomorrows news?
This is the same set up as I was looking at last week on EURGBP.
As you can see this pair has come back up to the middle of the range an has consolidated all week. We did tip above the 50% level on 1 candle last week but no set ups formed,
I have added the news data for tomorrow and you can see there is GBP - EUR and USD news tomorrow with FOMC in the evening this could be a clear driver for points of interest and market moves.
With this in mind I will be watching the markets for set ups around this time.
Keep a close eye on market structure and remember key entry and price action will be needed.
Make sure you use proper risk management when trading.
What are your thoughts on tomorrows news?