TradingView
Hirschle97
Jul 2, 2017 10:10 PM

EUR/GBP *SELL* 

EURO / BRITISH POUNDICE

Description

As you can see on the weekly chart this has been repeatedly closing below the resistance level after failing to break i see this as bearish price action and would predict for this to drop this week.
Comments
andmk2
In my opinion it's bullish, but must have a mean reversion and go back to its moving 20 and 50 averages before another leg up. Who knows how Brexit negotiations will affect the pair though?
More