News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
More View more
Long EUR/GBP

Long EUR/GBP

Joel Kruger, Technical Strategist

This trade has not been kind and we are hanging on by a thread after the market traded down towards our stop-loss level. However, daily studies remain highly oversold and we still expect a bounce over the coming sessions. Unfortunately, we will exit the trade on a daily close below 0.7950. A close back above 0.8015 on Wednesday would be encouraging.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES