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EURGBP Long / Expecting a weaker GBP to start the week

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Euro / Paun British (FX:EURGBP)  
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FX:EURGBP   Euro / Paun British
Trend Analysis Technical Indicators Fibonacci EUR GBP EURGBP eurgbplong eurgbpbuy daytrade Forex
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trendanalysis indicator fibonacci eur gbp eurgbp eurgbplong eurgbpbuy daytrade forex
Hey all! I hope your weekend was superb, now lets get back to making money!

We are going to execute a EURGBP long in the early Monday market open and the reasons are,

- GBP looks weak vs USD and other pairs (IMO)
- RSI is low and meets our entry cretaria (with the fibs)
- Price is at the 38.2 / 30 support zone and already rejected it ones
- The bearish trend is loosing steam!
Komen:
We still believe this trade will work, we went in again based on the 1D chart analysis.
Komen:
Penafian

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