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EliteTradingSignals

EUR/GBP BEARISH BIAS RIGHT NOW| SHORT

Short
Euro / Sterlina (FX:EURGBP)  
EliteTradingSignals Aggiornato   
FX:EURGBP   Euro / Sterlina
Trend Analysis Chart Patterns Wave Analysis EURGBP short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurgbp short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/GBP pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 6H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.854 area.

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