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GLOBAL FINANCIAL ENGINEERING SWING TRADING STRATEGY FOR EUR/GBP  

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Globalfinancial
(@globalfinancial)
Member Admin
Joined: 9 months ago
Posts: 37
10/07/2019 5:41 am  

The Euro vs. the British Pound(EUR/GBP). This pair represent a cross between the two largest economies in Europe, the Euro Zone and the Unites Kingdom.
The pair is greatly less volatile than other Euro or Pound based crosses because of the economic closeness and interdependence between the two.
Changes in monetary policy between the Bank of England and the European Central Bank can make this pair extremely sensitive.

Our Proprietary Trading System indicates the following for EUR/GBP:

The Primary Trend (PT) given by the Global Monthly TIME BAR (GMTB) is currently Bullish
The Secondary Trend (ST), given by the Global Weekly TIME BAR (GWTB) is currently Bullish
The Medium Term Trend (MTT), given by the Global Daily TIME BAR (GDTB) is currently Bullish
The Short Term Trend (STT), given by the Global Four Hour TIME BAR (GFHTB) is currently Bullish

In light of the above trend analysis we will execute a bullish trade on EUR/GBP

Global Entry Signal For EUR/GBP Trade #1: Buy @ 0.90005
Global Trailing Stop Loss For EUR/GBP Trade #1: @ 0.89133
Global Target Profit For EUR/GBP Trade #1 : @ 0.98844

Global Trade Management Strategy: We applied the Global Trailing Stop System for Global Trading Strategy #3.


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GLOBAL FINANCIAL ENGINEERING SWING TRADING STRATEGY FOR EUR/GBP by globalfinancialengineering on TradingView.com



The analysis in this material is provided for information only and is not and should not be construed as an offer to sell or the solicitation of an offer to buy any security.
To the extent that this material discusses general market activity, industry or sector trends or other broad-based economic or political conditions, it should not be construed as research or investment advice.
To the extent that it includes references to specific securities, commodities , currencies, or other instruments, those references do not constitute a recommendation by Global Financial Engineering,Inc. to buy, sell or hold such investments.
This material does not and is not intended to take into account the particular financial conditions, investment objectives or requirements of individual customers.
Before acting on this material, you should consider whether it is suitable for your particular circumstances and, as necessary, seek professional advice.

This topic was modified 1 month ago by Globalfinancial

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