One of the technical strategists I’ve been following has sent me a very impressive argument for being long EUR/GBP at close to current levels. His reasoning is proprietary so I won’t go into that but he suggests that the current dip is close to complete.
He likes being long EUR/GBP near .8600 with a stop-loss below .8560 targeting a sharp move higher towards .8950. He got his last trade right so let’s see if he can make it 2-in-a-row? At least he’s given me something to talk about!