Sforex
Short

EURGBP: Technical turned to bearish. Very interesting.

FX:EURGBP   Euro / British Pound
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7
I thought Euro will be higher vs Pound.

But EURGBP turned to bearish very quick.

What I see on the chart:

- Head and Shoulder pattern, and EURGBP broke the neckline.

- SMA100 : Break.

- Move below Kumo cloud first time since Dec 2015.

EURGBP now stands above the key support 0.7710

If it could break this floor, there is a wide room below 0.7710, and E/G would extend the loss to there.

Let see the market runs.

Comments

thank so much , please up date again
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