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Euro / British Pound
Short

EURGBP SHORT

By TG_Advisory
Updated
Shorting opportunity on EURGBP pair. Bullish on sterling I believe it will appreciate significantly in coming weeks and months. Technicals - Price have reached 61.8% fib level on bigger move lower MACD shows divergence loosing bullish momentum on DAILY TF RSI overbought with divergence. 1st support level 89.1 that I belive will be broken and will act as resistance after that 2nd support 0.88 and final target 3rd support 0.865 with fib confluence. 4:1 RRR 300pips
Good Luck
Trade closed: stop reached
BXYChart PatternsEUREURGBPEXYGBPTechnical IndicatorsTrend Analysis
TG_Advisory

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