Updates of EUR/GBP: That is all manipulation

When I going to making the technical analysis, I see a bearish rising wedge, but this bearish risign wedge are the expectative what we hope so bearish of trend of trend, in that case we are int othe ascendent channel. But, this morning I see that we need to entry in short position because this zone what the price it, it's a manipulation and we don't to trust that we going to entry in buy or long position, institutiaonsl make that, it's important to me as fix to see what markets are invisible to become a visible to see it.

Well, if you see we idetify 3 bearish divergences:

1. price action
2. MACD
3. RSI

That divergence are hide and this is a signal or reversal of bear.


My best technical analysis is in H4 timeframe that is see better, well my objective of htis par is to find down 140 pips. But remember that in H4 we broke up this rising wedge, but eyes that is not a bullish, this candlestick in H4 are manipulation, but if you will see in H1 timeframe, it's a pure manipulation.

Now, today there are a fundamental that the technical analysis speak in our fundamentals analysis.

1. Coronavirus and Brexit continue to Dominate Pound to Euro
2. And obviously the news of German inflation picks up more than expected on service cost and it's making a Eurozone a disstrenghten of the leador Eurozone Economy and motor of this continent that is Germany.