JakeSummers4x
Short

EURGBP - Monthly Outlook

FX:EURGBP   Euro Fx/British Pound
53 0 3
I've had a short bias on this pair for 2 weeks now, with a few successful smaller TF trades (and 1 losing trades).

As you can see, on the Monthly TF we're also showing signs of bearish pressure.

Monthly
- Hanging Man formation complete
- Dragonfly Doji almost complete with 3 days trading left this month)
- Key support turn resistance

Weekly
- Bullish channel break
- Bullish pressure has returned (showing indecision against bearish outlook or a bull trap)

Daily
- Double top
- Arguable Tweezer Tops

I'm sitting on my hands for now, but still anticipating a move down.

Let's see what the referendum brings regarding the Brexit.
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