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EURGBP 4hr Double Top

FX:EURGBP   Euro Fx/British Pound
So was a little bit early on my entry as we moved almost 55 pips higher!

But what we have seen is the pair come back up into recent highs and form a Double top. This are is well into the oversold area of the RSI

How there are 2 possible outcomes we could come back down to the 0.77743 level and bounce

or

If we break structure there is a possible 2618 set up, which given the previous lower support I see this as an area to watch
Lucid.Trader
8 months ago
a this looks good
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