FxWirePro
Long

EUR/GBP Short term outlook

FX:EURGBP   Euro Fx/British Pound
92 1 0
EUR/GBP             has broken Psychological 0.750 and target of 0.7396 cannot be ruled out.

The pair’s minor resistance is around 0.75435 and break above will take the pair to 0.7605/0.7630.

Short term trend reversal only above 0.7630.On the downside minor support is around 0.7490 and break below will target 0.7396/0.7256 (61.8% retracement of 0.5676 and 0.9813).

Indicators ( Daily chart )
CCI (50) - Sell
CCI (14) - Sell
Ichimoku- Sell

Recommendation: Sell EUR/GBP             around 0.7545, SL 0.7605, Targets 0.7401.


KingArthur
2 years ago
Why does this post says Long when you recommend selling?
Reply
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