SiriusTrading

FREE ANALYSIS ON EURGBP - BIG DROP COMING

Short
FX:EURGBP   Euro / British Pound
FREE ANALYSIS ON EURGBP

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1 HOUR
This is more bearish. We could see some minor bearish move. Personally i am waiting for the bigger move down.

4 HOUR
Possible Ending diagonal forming. MACD and Stoch RSI both showing bearish divergence.

DAILY
Price Broke above all MA's. we are looking at a resistance level between 0.90100 and 0.90700. Watch out for break down. MACD & Stoch RSI both above the over bought level and turning down. Importantly Stoch RSI also showing a possible bearish hidden divergence.

OVERALL
Expecting a bullish move to unfold on this pair in the next week.

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