***Not Financial Advice***
The EUR/GBP has rotated off of the lowest major framework box in its range signaling that we are headed toward the opposite side of the range, or 1000 pips away at minimum. See EUR/USD for a preview of what this market could do.
With the EURO Rate Decision set for Wednesday this week, this could be a high impact event that catalyzes price to start trending.
With many factors lining up in our favor, and the wind to our back, this is a trade setup where you can consider placing a heavier position than normal.
Multiple trade factors coalescing into a singular conclusion is like being dealt pocket kings. There is still some risk that you're wrong about the trade, but you have the option to be more aggressive in how you play them (read: consider lotting up).
May the odds be ever in your favor
***Not Financial Advice***
The EUR/GBP has rotated off of the lowest major framework box in its range signaling that we are headed toward the opposite side of the range, or 1000 pips away at minimum. See EUR/USD for a preview of what this market could do.
With the EURO Rate Decision set for Wednesday this week, this could be a high impact event that catalyzes price to start trending.
With many factors lining up in our favor, and the wind to our back, this is a trade setup where you can consider placing a heavier position than normal.
Multiple trade factors coalescing into a singular conclusion is like being dealt pocket kings. There is still some risk that you're wrong about the trade, but you have the option to be more aggressive in how you play them (read: consider lotting up).
May the odds be ever in your favor
***Not Financial Advice***