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848evo
May 24, 2016 2:03 PM

EURGBP Possible push lower Short

Euro Fx/British PoundFXCM

Description

EURGBP seems to have topped out recently and most likely due to Brexit news, it is currently heading downwards. PA has just broken all the previous swing lows and although there is divergence on the RSI, I still believe PA will continue another push down before bouncing up for a correction move.

If PA can break the current bar's low, I'm in short with a TP near the 272 and a tight SL for a quick scalp.
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