airamare01

EURGBP Short Opportunity.

Short
FX:EURGBP   Euro / British Pound
I believe it doesn't get any better than this when it comes to confluence stacking up to indicate and show the market's next possible move. A 16 year old trend line that we broke out of on January 2015. Finally we can see that the Euro retraced all it's losses against the Sterling and came back to test the trend line as resistance.The 50 EMA has provided dynamic resistance as well as the 50% fib retracement level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.