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danielbtrading
Nov 10, 2020 9:59 PM

EURGBP Brexit in the works. Short

Euro Fx/British PoundFXCM

Description

EURGBP seems to be breaking out of key support levels, after putting on a regression channel you can see its broken out of a strong supportive trend line. Fundamentally, with Brexit being much in the air right now, we can expect a lot of volatility within this pair. However with the strength on other pairs and the bearish movement I will be looking at shorting this and having the SL be the previous consolidation point.

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