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DeGRAM
Mar 11, 2024 8:38 AM

DeGRAM | EURGBP pullback trade Short

Euro Fx/British PoundFXCM

Description

EURGBP pulled back to resistance and 38.2% fibo levels following a massive sell-off.

Price move is in the descending channel, indicating the bear's dominance.  

We anticipate a bearish move since the trend is bearish. It's a simple pullback trade from the reaction zone.



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Comments
DeGRAM
Good luck in the markets and have a great trading week!
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