The charts are in correlation all the way through to the daily’s.
I think EURGBP is overbought, and we should expect a downward slump.
The problem we have is picking the top.
Trade entry taken using the moving average from the Ichimoku cloud.
Unfortunately, I was stopped out.
This was a very good trade all round. Charts and execution was near perfect. All we needed was the price to agree with our outlook.
