ilmscore | Prediction Details
"the Euro Pound is giving us no real potential trade opportunity other than maybe a test of this level if we get a really good entry reason I would not want to short just because we get up to this level... the only way I'd be interested in an opportunity there is if I got a really good entry reason as you can see we've been putting in higher lows on this four hour time frame so I would expect price to continue higher unless price action gives me a reason to think that it's not going to continue higher like maybe a double top and I may even have to see a break of the neckline in order to be interested in a trading opportunity here at this level"
By The Trading Channel (The Trading Channel) | March 31, 2016 | Pending
From video
Tutorial: how to do Morning analysis in the forex market ( 3/31/16 ) 00:13:43 - 00:14:52
Interpreted Prediction
A short opportunity on EURGBP would only be considered if strong price action confirms a reversal (e.g., a double top with a broken neckline), otherwise, the expectation is for the price to continue higher due to existing higher lows.

Prediction Details

Topic
EURGBP

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