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Nov 28, 2020 1:43 PM

EUR-GBP is at channel Resistance AGAIN. Sell! Short

Euro Fx/British PoundFXCM

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Hello, Traders!
EUR-GBP surged from the horizontal support, just as I predicted!
Now, it is retesting falling channel resistance again
That was respected multiple times
Therefore, it is reasonable to assume that it will be respected again
However, this falling channel can be seen as a bullish flag too
And from that perspective, a breakout up would be natural
But, I still expect at least a small pullback to the nearest support
Sell!

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