EUR/GBP: Worth buying dips towards .8500
Two crosses which have served me well over the last week in terms of swing trades have been EUR/GBP and AUD/JPY; buying dips in the former and selling rallies in the latter.
I will try buying EUR/GBP again if we see an early European spike lower to go looking for stops below .8500. I’m only looking for a quick 70/80 pip rally.
I missed my chance to sell the AUD/JPY rally earlier today (strong technical resistance at 102.85) and again there was a fairly ‘easy’ 60 pips there for the taking, if you could get the timing right of course.