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The Trend of the Day - Long EUR/GBP

The Trend of the Day - Long EUR/GBP

Gregory McLeod, Currency Analyst

The initial target for this pair is .9150. I recommend that traders move down to a 4-hour chart to look for a better risk reward entry. They can use their favorite oscillator, like stochastics, to pinpoint a good risk to reward entry. Good luck with your trading!

 

 

eurgbp 2.26.10

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

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