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EURGBP - Daily reversal to the upside


jbtrader

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Last night saw a Daily reversal on the EURGBP following the Monetary Policy statement fom the BOE.

Prorealtime Chart from IG shows it better but I don't know how to post it. This chart has switched to the next day much earlier.

I am not a fan of the EUR but I don't want to be short against the GBP.

It doesn't always work out but reversals are a strong signal.

 

IMO one should be long EURGBP now.

 

 

charteurgbp.png

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