Deensesay

EURGBP SHORT around Monthly Resistance Zone

Short
OANDA:EURGBP   Euro / British Pound
This week I am looking at EURGBP . This pair is currently pushing upwards towards a level that this market has used as resistance multiple times in the past. This area is a Monthly Resistance Zone which is a (very strong zone) that I'll be looking for possible short trades out of throughout the week.

I will be looking for confirmations & entries/exits on the 1HR/4HR Charts

Resistance Area (Brown Zone) = (0.91090-0.95030
Trade active: Since releasing this report on Sunday, EURGBP is still currently on its way to the resistance zone (0.9109-0.9503)

From 17th to 22nd, This pair has moved 30 Pips