EURGBP is above a strong Mirror Level

FX:EURGBP   Euro / British Pound
The price bounced again from Mirror Level 0.90900.
It was good entry point yesterday.
But if the price will make a pullback in Buy Zone we can open position.
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Market will be watching the Johnson/Merkel meeting.She cannot make any concessions unilaterally, so the outcome will be negative for GBP imo.
Yuriy_Bishko BarclayJames
@BarclayJames, thanks for shearing
Yuriy_Bishko BarclayJames
@BarclayJames, so you will loking for sell?
BarclayJames Yuriy_Bishko
@Yuriy_Bishko, I am bearish on GBP for a long time now. I don't think things will change, unless a drastic solution is found no-deal seems inevitable.
Yuriy_Bishko BarclayJames
@BarclayJames, nice chart
Yuriy_Bishko Yuriy_Bishko
@Yuriy_Bishko, i just show the pissibilities for making some money near key levels and support/resistance zones
Basically, GBP is about to recover - GBPJPY at bottom and forming demand zone (on all time frames to be honest). Also, Dragi is dovish and speaks this week. If it is supply zone then it is fresh and fall lower expected. To be honest could go both ways - nightmare at the moment eh - just think I'll wait to see if it is a bull trap - love you analysis tho
+1 Reply
Yuriy_Bishko trumpetmark01526
@trumpetmark01526, Thanks for support!
Agree, possible long from current support... but if we break support im looking for AB=CD pattern completion, with AB leg being the flag pole
Yuriy_Bishko AidanMDang
@AidanMDang, nice chart!
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