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workingtraders
Apr 3, 2015 11:53 PM

$EURGBP correction over? Marked by a double top? Short

Euro Fx/British PoundFXCM

Description

We are seeing more and more bullish data out of the UK.
Bankers such as Carney still pushing for rate hikes.

EZ has a long way before it will improve. QE full steam ahead.

I am calling this a short term correction. With a lot of downward room left.

If we do break this area( .73900). We will see a quick punch up towards .7600 area.

In my mind another area to start looking to short this pair.
Comments
workingtraders
Looking it will put a bear flag in the lower time frames and break down? Any thoughts?
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