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London Hypo 23rd Feb

Early morning selling on Euro have taken us into an interesting level this morning, retesting the poor low on the daily profile. On the AM session chart we are approaching a POC therefore a possible area for buyers to enter the market. With that being said we still prefer further shorts continuing the bearish trend.

AM Session Euro



EURUSD - Arrows marked as a potential setup for EURUSD and what we will be watching for, its not recommended to sell at low prices but rather wait on areas of value to be retested.




 

GBP Futures

Similarly on GBP, after selling off early morning we will await a bounce off current levels before considering further shorts.

Daily Profile

GBPUSD - Bias remains bearish however expecting a bounce off AM POC, PM session may provide clearer levels for shorts this afternoon, not particularly interested in longs


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