The EUR/GBP currency pair shows a switch to bull phase on Person's Proprietary Signal.
After opening above the pps moving averages, the price briefly dipped below, and then retreated upward, which counts as confirmation.
Theoretical entry, then, is at £0.8577, and the upper Person's Pivot is at £0.8873.
The prior bear signal was given on April 15 and confirmed the next day, for theoretical entry at £0.8758. The nimble trader would have exited when the lower pivot was touched on May 6, or perhaps the next day, for exit at around £0.8440 at a 3.6% profit.
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