jforex78

EURGBP Up, GBPAUD Dn.

Long
jforex78 Updated   
FX:EURGBP   Euro / British Pound
EURGBP Up, GBPAUD Dn.

Confluence and correlation.

GBPAUD Dn Analysis -

Looks like a Double Top.
Some price squeeze as well.

Sellers might be piling up in this zone.

Similar inverse analysis for EURGBP Up.
Comment:
GBPJPY joins the short party.
Comment:
GBPCHF joins the short party.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.