Just picked up a long trade on EURGBP after EU data came out better than expected by the market. I decided not to take the trade on EURUSD because of the inflation rate data coming this afternoon. EURGBP is still in a uptrend on the daily timeframe and did a nice pullback on the 4 hour to enter long.
Employment data and ZEW economic sentiment came out stronger than anticipated by the market which could mean ECB holding rates maybe much longer
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