FXWW News/GBP crosses

EUR/GBP: Long trade looking good, more short covering ahead of the weekend

My EUR/GBP long from yesterday is 50 pips in the money and hopefully I will get a chance to build a decent position over coming days. I only had a moderate starting position as my recent trading record hasn’t been great, but if we get a significant short squeeze in this cross then my lean period will be over 🙂

I’m thinking that we may get some consolidation inside .7820/90 for the next few sessions but I’m sticking with a strong bullish bias.

  1. Nice call Sean, you nailed it. Your timing was spot on. Hopefully it will retrace towards 0.7820’s so i can join too 🙂

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