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ForexWizard01

EURGBP possible sell zone!!

Short
Euro / British Pound (OANDA:EURGBP)  
ForexWizard01  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators EURGBP eurgbpanalysis eurgbpsignal eurgbpidea eurgbpsell eurgbpforecast eurgbptrend eurgbpshort eurgbpbearish
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trendanalysis chartpattern indicator eurgbp eurgbpanalysis eurgbpsignal eurgbpidea eurgbpsell eurgbpforecast eurgbptrend eurgbpshort eurgbpbearish
EURGBP has formed a strong bearish price action on the 4h after breaking the local support zone. As there is a strong rejection of the monthly and weekly, there is a high probability price will continue to drop. Currently, the price is retesting the previous support turns resistance. Upon rejection from the moving average of 4h, we could find a possible sell opportunity!!


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