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theforexportal
Mar 10, 2017 4:00 PM

SELL EURGBP at market (.8757) Short

Euro Fx/British PoundFXCM

Description

SHORT EUR/GBP from .8757.

This pair has pushed deep into a well defined resistance zone and the TDI suggest we may head lower over the next few hours.

RSI on H4 is 83.57 which is well into overbought.

The pressure is building on EUR/GBP BULLS and this could be a good time to SHORT.

STOP is manual depending on price strength.
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