So as we can see on this price action for EURGBP it had a very strong rally to the upside. What does this mean? Very simple that EUR is stronger than GBP for the time being. I've said this many times and will say it again. When you have a bias for EURGBP you will have a bias for the majority of the GBP pairs. Such as GBPJPY, GBPCHF, GBPAUD, and GBPUSD. This whole week I have been shorting GBPUSD and GBPJPY and It has been great. Now if you look at my previous chart idea for this pair you will see that I expected the market to come to this specific order block and using it as my target. The market dropped there and shot up the day after. That is when the GBPS began to drop so we would of been SELLING GBPS. Now check out the GBPS on you're own and you will see what I mean.
Next week you will see more post like this.
Next week you will see more post like this.
I try to provide as much value as I can per trade idea
