Daily: Slow Stoch buy signal, MACD buy signal. ADX reached extreme level, while DMI turned back a bit.
4 Hrs Ichimoku and Heiken Ashi both signal a possible short term bullish spike.
Tgts: 0,8080 / 0,8125
Stop at: 0,7980
p.s.: Since EURUSD px action still makes me believe USD correction can persist for some more time, I think EURGBP long is a better risk/reward trade than GBPUSD short. Of course you can try both, like I did :-).
GBPUSD retracement tgt is 1,6850.
4 Hrs Ichimoku and Heiken Ashi both signal a possible short term bullish spike.
Tgts: 0,8080 / 0,8125
Stop at: 0,7980
p.s.: Since EURUSD px action still makes me believe USD correction can persist for some more time, I think EURGBP long is a better risk/reward trade than GBPUSD short. Of course you can try both, like I did :-).
GBPUSD retracement tgt is 1,6850.