EURGBP Range Trade on Election Uncertainty
EURGBP at the end of the week sitting at the bottom of a well tested range. For the next 10 days, markets are likely to be preoccupied with Euro uncertainty regarding the French elections, and so are unlikely to see a significant BreakOut until after the 23rd, and potentially the 7th of May.
I plan on buying at around .8445, with a first profit take at the top of range (.8825), and 2nd at (.9) should we see a bullish BO.
SL behind key support at .825
GL and Happy Easter!
I plan on buying at around .8445, with a first profit take at the top of range (.8825), and 2nd at (.9) should we see a bullish BO.
SL behind key support at .825
GL and Happy Easter!
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