Olu

EurGbp: Possible 'Sell and Hold' If Support Is Broken

Short
Olu Updated   
FX:EURGBP   Euro / British Pound
Comments on the chart. Wait for the break because it could bounce
Comment:
This idea is the inverse idea of the GbpEur idea. Price tested the 0.8700 level but bounced. This is a weekly chart so patience is required to see this idea to sink or swim
Comment:
Price is moving down nicely and has closed below the consolidation zone
Comment:
I cant ignore the solid bullish engulfing candle off support. So this is one to watch
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