Please see below our daily information:
Yesterday’s P/L was: 0.7%
Daily trade:
EURGBP - Intraday - We look to Sell at 0.7500 (stop at 0.7525) Net daily losses of 100 pips. Broken out of the channel formation to the downside. We are trading at oversold extremes. The trend of higher lows is located at 0.7502. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.7500, resulting in improved risk/reward. Our profit targets will be 0.7450 and 0.7430 Resistance: 0.7479 / 0.7500 / 0.7514 Support: 0.7450 / 0.7420 / 0.7400 - See more at:www.protradefx.com or https://twitter.com/ProTradeFX1
Disclaimer: This is a promotional sample of our financial analysis. It is provided so that potential clients can see the detail and formation of the information we provide. It is not a recommendation to buy or sell, nor does it constitute advice and you should not act upon this information.
Yesterday’s P/L was: 0.7%
Daily trade:
EURGBP - Intraday - We look to Sell at 0.7500 (stop at 0.7525) Net daily losses of 100 pips. Broken out of the channel formation to the downside. We are trading at oversold extremes. The trend of higher lows is located at 0.7502. This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.7500, resulting in improved risk/reward. Our profit targets will be 0.7450 and 0.7430 Resistance: 0.7479 / 0.7500 / 0.7514 Support: 0.7450 / 0.7420 / 0.7400 - See more at:www.protradefx.com or https://twitter.com/ProTradeFX1
Disclaimer: This is a promotional sample of our financial analysis. It is provided so that potential clients can see the detail and formation of the information we provide. It is not a recommendation to buy or sell, nor does it constitute advice and you should not act upon this information.