luccardi

EUR-GBP Closed Market Analysis

Short
OANDA:EURGBP   Euro / British Pound
EUR-GBP has broken the support line and it looks like there will be a downtrend breakout.
It broke out of the ascending channel and I expect it to drop more if there is no strong pullback in the first hours of the market opening.
Maybe there will be a short pullback, so I would wait watch this pair closely as soon as the market opens.
Pay attention to the news, cause it might have a big impact on the direction of the pair.
Good Luck!

Take Profit: 0.87000
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