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Snick3rSD
Dec 12, 2023 7:26 PM

EURGBP - Time for distribution lower ✅ Short

Euro Fx/British PoundFXCM

Description

Hello traders!
‼️ This is my perspective on EURGBP.

Technical analysis: As we can see here price was in a range for the last couple of days and now it manipulated buy side liquidity and rejected from bearish order block. I expect we can see distribution lower for taking sell side liquidity

Fundamental news: On Thursday we will see the results of Interest Rate on GBP and EUR.

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Comments
sampeneyemmanuel
Which price is good for entry?
Snick3rSD
@sampeneyemmanuel, This analysis is invalid as price broke out bullish order block, I will look for another opportunity
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