EUR/GBP: Buying dips to .7965 looks like an excellent proposition
The 50% retracement of .7810/.8110 comes in at .7960 which is close to where the previous spike high was at .7965. This level has become quite pivotal and buying any sharp dips towards there with a tight-ish stop-loss order looks like an excellent risk-reward proposition.
Trust me Sean ! I’m going to monitor closely this level 😉
Sean,
It is now getting closer and closer. I will be monitoring this magic level 🙂