SaxoTV

Coleman: EURGBP showing upside bias

339 views
August 18, 2015 eur, eur usd, eureur, eurgbp, eurjpy, euro, euro area, euro crisis, euro dollar, euro rates, euro strength, euro yen, euro zone, eurocrisis, eurodebt, eurodollar, europa, europe, europe growth, european, european banks, european central bank, european economy, european recovery, european union, eurozona, eurozone, eurozone crisis, eurozone economy, eurozone inflation, eurozone recovery, eurusd, for, ford, forecast, foreign exchange, foreign exchange market, foreign exchange strategy, foreign exhcange, foreignexchange, forex, forex 2014, forex 2014 outlook, forex 2015, forex 2015 outlook, forex and more, forex aud, forex audusd, forex audusd short, forex buying, forex eurgbp, forex eurjpy, forex eurusd, forex exchange, forex gbpeur, forex gbpusd, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex selling, forex strategy, forex swiss, forex trade idea, forex trade ideas, forex trading, forex trading 2014, forex trading 2015, forex usdjpy, forextrading, formación, forward guidance, fx, fx crosses, fx forex, fx investing, fx market, fx markets, fx options, fx strategy, fx trade, fx trade idea, fx trading, fx volatility, gb, gbgbgb, gbgbgbb, gbp, gbp eur, gbp falling, gbp trading, gbp trading 2014, gbp usd, gbp weakening, gbpeur, gbpeur 2014, gbpusd, gbpusd 2014, gbpusd labour day, gbpusd record high, gbpusd trade idea, gold, greece, saxo tv, tradingfloor.com
Ian Coleman has spotted signs of exhaustion in the DeMark count and the formation of an Expanding Wedge count with bias to the upside in EURGBP.  
The pair traded to the highest level in four weeks earlier this month, before a mixed move to the downside.  
Buyers are now below the bespoke support level at 0.7778 

Buy at 0.7078 
Stop 0.7058
Targets 0.7116 7145