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PrometheusCHT

TECHNICALS | EURGBP Confluence of H&S, Trend-line & 200MA

Short
Euro / British Pound (FX:EURGBP)  
PrometheusCHT  
FX:EURGBP   Euro / British Pound
pound sterling poundsterling GBP euro EUR EURGBP technicals Trend Line Break trendlineconfluence
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pound sterling poundsterling gbp euro eur eurgbp technicals trendlinebreak trendlineconfluence
Pre-positioning for a break of the trend-line and 200MA. If the neckline of the head & shoulders pattern is breached, there's likely to be some bearish price action.
Fundamentally, I see all the risks in the Euro vis a vis the Sterling. I think this could be the trade of the year!
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