EURGBP seems like out of fuel to go up. It may start dropping and it has reasons to.
Fibo ext. 2.618 + fibo 0,886 divergence on daily AO, trend line crosses and price actions suggest that up move is over.
Lets see together
Fibo ext. 2.618 + fibo 0,886 divergence on daily AO, trend line crosses and price actions suggest that up move is over.
Lets see together
Trade active:
Trade closed: stop reached:
GBP is so weak to push the pair downside...