I am seeing the possibility of EURGBP BUY. There has been a descending channel signalling bearish weakness. The GBP has been quite weak of late. I will be placing a buy stop.
Careful bro.. the price is around a notable history of resistance.. I personally think it wold become bearish soon inna few days.. and that’s a big chance if and when it happens
Bileonaire
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@akanagaeinstein, Okay. Thanks, I will be careful and monitor closely.
Though it is a short trade. Let us wait and get a confirmation.
I appreciate the heads up.
Bileonaire
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Previous descending channels on a lower timeframe.