FxWirePro
Short

Short EUR/GBP for 0.8460

FX:EURGBP   Euro Fx/British Pound
303 1 12
EUR/GBP             has broken below the 0.85 handle, intraday bias lower.

Daily charts show a bearish 7-DMA crossover on 21-DMA.

Techs indicate further downside, Stochs and RSI point south.

Good to short rallies, SL: 0.8535, TP: 0.8460

0.8460 is major trendline support. Violation there could see 0.8445 (50-DMA).

Break below 50-DMA could see drag till 0.8350 levels.
Comment: EUR/GBP trades at 0.8410.

Breaks below 50-DMA.

Scope for 83.50
Comment: All targets hit.

EUR/GBP has hit 83.52 before edging higher.

Spinning top on daily charts around 55-EMA (0.8383).

Close below needed for further downside.
Trade active
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out