EURGBP long

٢ أغسطس ٢٠١٦

Price is facing two trendlines and a strong weekly resistance. Looking on GBPUSD, the pound has still some room to the upside while EURUSD looks like going down for a pullback which both indicates that option (2) is the safer choice. But a rejection of trendline according to (1) is still a possibility(I consider buying above 0.842). Good luck