EURGBP - Too many signs for a short, but?

FX:EURGBP   Euro / British Pound
84 0
Hello Traders,

This pair is forming a libra pattern, reached 61.8 fib from previous high-low, RSI is forming a divergence. Price is at the top of the four hour channel. Bullish candles formed with low volume , too little effort for this result. The price may reach 8600 before retrace. The only thing that concerns me is the latest Brexit talks. Technically, there are good signs to short this pair but fundamentally there are uncertainties.

Happy pipping!
Comment: At 1 hour 1.618 Ext.
Comment: Too much volume for a small daily candle. Expect a downside break out soon.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out