Greetings All, I hope everyone had a great weekend. I had a pretty good start from my analysis. breakeven trades and profitable trades are still holding on the GBP/USD, USD/JPY, AUD/USD. USD/CAD trade barely holding at break even. (reference my trade plans from Saturday).
I am eyeballing the possible scalp of the EUR/GBP for around 50 pips. The major caveat is that this trade may develop before the heavy news this evening.
Current Fundamentals (Environment)
GBP: BREXIT, RATE CUT
EUR: ECB RATE CUT.
News / Announcements:
CNY: Manufacturing PMI
JPY: Monetary Policy Statement
Explanation: scalp
Technical Levels:
fib retracement.
Recommendation:
Good to: Sell at pull back to the red zone of fib retracement.

EURGBP

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