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Yearn-Forex

EURGBP: Losing momentum at support

Short
Euro / British Pound (OANDA:EURGBP)  
Yearn-Forex  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
With every test of this daily support zone, the market is losing bullish momentum. If the market continues to consolidate at support that would provide strong confluence for a sell.
However, take note that the last time this support zone was broken there was a strong bullish rejection.
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