EURGBP breakout

FX:EURGBP   Euro / British Pound
47 0
PA has broken out of the 2 week trend channel giving way to a possible fibonacci trade. This short allows for the selling into the retracement therefore targets are strict. On the Daily, this target at 0.72100 is the area for a 61.8% fibonacci retracement where a buy opportunity will arise to trade the daily extension however in the current climate more downside is more probable.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out