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Bullandbeartrading

EUR/GBP Trade Idea

Short
Euro / British Pound (FX:EURGBP)  
Bullandbeartrading  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators EURGBP trade Forex swingtrader Technical Analysis
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trendanalysis chartpattern indicator eurgbp trade forex swingtrader technicalanalysis
Hello and welcome to my Trade Idea of the currency pair EUR/GBP.

Lets start with the Top Down Analysis.


Monthly: On the monthly timeframe we see a resistance zone with a good reacting about that. At the second touch on it a bearish engulfing occur. Now at the third touch (Triple top) i think it's a possible L.H.


Weekly: On weekly we see overall bearish momentum with a pullback the last weeks, and we spot a trendline.


Have a nice day.
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