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peterbokma
Sep 19, 2022 7:08 AM

EURGBP-SELL strategy Short

Euro Fx/British PoundFXCM

Description

I still believe strongly in a move back to 0.8530 (bottom of channel).

The pair has moved higher, and it feels as if we go higher, but I am of the view that we are overbought. We are above channel top and now a dark candle suggest we may see a break of 0.8687 trend line support. Take profit somewhere 0.8557 now.
Comments
JoeChampion
Gotcha!
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