EUR/GBP update: S/t target at .7920

My long position from Friday has gotten off to a very promising start and the important levels are becoming more obvious. As I have an excellent entry level, I can leave my stops below .7730 and leave ‘silly’ sell orders which may get triggered on stop-loss spikes. Then it becomes, as always, a matter of trying to pick the edges of the market swings.

My initial intraday targets are around .7910/20.

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