EUR/GBP..is getting into Fib land..160 ish in the Pound will be a tough level to press shorts the first time in.
I am bringing this to your attention for 2 reasons:
1) I want to see how the Euro reacts to the Pounds
2) I am even more interested in how the Euro responds to the Gold & Silver.
We’re looking to sell a big rally in the Euro…
We’re unsure of the timing ” today or tomorrow?” and a low risk level…
Have we seen it at 136.70 or is 137.50 still in the cards? I would prefer to sell
around 137.40.
Pay close attention to the crosses. Day traders can try it against the levels with tight stops.
