chastic

Finding Well Known Resistance

FX:EURGBP   Euro / Libra Esterlina
Waiting to see the GBP Construction PMI. If they come out with strong numbers, then this will fall like a brick. EUR is coming out with Core CPI Flash Estimate y/y and CPI Flash Estimate y/y. They do tend to move the market. Keep an eye on this pair after the release. My rule of thumb is, i'm never trading on the wrong side of 10EMA, and never going into a reverse position, if the current daily candle stick hasn't exceeded the previous day.

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