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maccabean

Trade of the day. Divergence of EURGBP says Sell!

Short
Euro / British Pound (FX:EURGBP)  
maccabean  
FX:EURGBP   Euro / British Pound
EURGBP ecb Divergence Moving Average Convergence / Divergence (MACD) Shooting Star eur_gbp
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eurgbp ecb divergence macd shootingstar eur_gbp
A few arguments in favour of my call.
1. Divergence on major indicators.
2. MACD crossover.
3. Shooting star candle.

On a fundamental level, ECB to introduce further QE plus recent oil gains should push EURGBP down.
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