Hello fellow risk-takers
EURGBP is still bearish but is currently struggling to continue the bear momentum. The bears are exhausted at this point and needs a fresh or renewed momentum to continue going down; for this to happen, one of two things must happen, or both:
or, most likely, a retracement to the upside as indicated on the chart.
In the meantime any sell signal will be ignored.
Happy Trading
______
*This information is for entertainment purposes only and shouldn't be construed as investment advice.
EURGBP is still bearish but is currently struggling to continue the bear momentum. The bears are exhausted at this point and needs a fresh or renewed momentum to continue going down; for this to happen, one of two things must happen, or both:
or, most likely, a retracement to the upside as indicated on the chart.
In the meantime any sell signal will be ignored.
Happy Trading
______
*This information is for entertainment purposes only and shouldn't be construed as investment advice.
Order cancelled:
Price action proves unclear at this point. Waiting on the sideline till the fog clears