July 27, 2018 08:40: European Pound Trade Strategy [From Mr. Satoshi Emori's Newsletter]
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From the investment newsletter "Tetsu Emori's Real Trading Strategy" by Tetsu Emori provided by GogoJungle, here is a small excerpt from this morning's distribution. This time, please take a look at the newly added Euro Pound trading strategy to the newsletter.
Euro/GBP (a new pair) is being watched. It is in a downward trend, but the sense of being oversold is gradually rising. The stance is to sell below 0.8865 and buy above 0.8900. The long-term trend is at 0.8550. As long as this is maintained, going long is advantageous.
From “Tetsu Emori's Real Trading Strategy” (Tetsu Emori).
On the daily chart, Euro/GBP has shown five consecutive bearish candles up until yesterday. Will it continue to fall, or will it turn to an upward move? (Editorial department)
Euro/GBP, daily chart.
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