EURGBP - We Look to Sell a Break of 0.7759

EURGBP - We Look to Sell a Break of 0.7759

2 June 2016, 07:44
Roberto Jacobs
0
21

EURGBP - We Look to Sell a Break of 0.7759 (stop at 0.7789)

EURGBP - Continued upward momentum from 0.7572 resulted in the pair posting net daily gains yesterday. A 5 wave bullish count has been completed at 0.7774. Selling posted in Asia. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 0.7680 and 0.7660.


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