Forex_Positive

EURGBP showing large weekly resistance

Short
FX:EURGBP   Euro / British Pound
Short EURGBP at the middle section of the 0.7750-0.7800 resistance zone. This is the weekly chart. On the far left side, we see the price action acts as support/resistance since 2008. EURGBP is also contained within a huge weekly down trend channel line.

Short EURGBP 0.7770-80
SL 0.7830
TP 0.7650

=====
www.ForexPositive.com
Twitter @ForexPositive
=====

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.