With the EUR/GBP
in a clear downtrend, after a pull back from the previous swing low in the 0.7870 area, a trend continuation short opportunity is brewing up with today's high test bearish
reversal bar with a potential close below 50 ema
. There is also RSI
divergence adding to continue short in trend. Price rejection is seen around 0.8020 with a high test bar followed by an inside bar
Details on how to execute setup are annotated on the chart.