EURGBP - H1/H4 - Sell Opportunity

I expect the price to respect the H4 trendline and continue in its downtrend. Multiple confluences confirm this with a strong ressistance zone which it had failed to break. Good Opporunity to sell in my opinion.

Target; 50-60 Pips

Although a break above this ressistance level and long term down trend will possibly confirm a reversal with bullish momentum over the next few days with a TP of 150-180 Pips.


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Beyond Technical AnalysisChart PatternsEURGBPeuroForexforexforecastforextradingGBPpoundsterlingTrend Analysis

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