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AndrewjHunter
Nov 20, 2018 7:59 PM

EUR/GBP - EUR Weakening?  Short

EUR/GBPOANDA

Description

Hello Traders!

We are on the 1 hour chart for EUR/GBP, As we can see the momentum of the three legs leading up to major resistance are weakening. There is no doubt about it! the first leg is strong with only a 30% pull back 2nd leg is okay but twice as small as the last leg! and finally on the last leg we have an almost 100% pull back! We shall see how this one plays out!

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