EURGBP: Return To Structure Part 2

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Just to follow up on the EURGBP trading idea that I shared a few days ago. I'm still looking for a pullback down to the 0.8400 level as being the optimal level for bulls. However, as price has evolved over the past few days we may also have a closer level as well between 0.8520's & 0.8450''s especially if you're a day/intraday trader looking at the lower timeframes.

We'll be keeping an eye on this level in the Live Trading Room today, but bigger picture I still like the 0.8400 level more.

Akil Stokes
Chief Currency Analyst & Head Trading Coach
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