Wednesday, August 24, 2011

EURGBP Trade idea:

Trade idea: Bullish (direct rise). An immediate rise is expected on the market.
Details: The market is upside oriented today. We advise to play this bullish strategy as long as the market does not go below 0.8709, as we anticipate a direct rise to 0.8774. Buy close to 0.8724 to play a rise to 0.8774. The invalidation level of this trade idea is at 0.8709.

Buy EURGBP
Entry: 0.87240
Target: 0.87740
Stop loss: 0.87090