m-efe

m-efe

*BEFORE ENTERING TRADE WAIT FOR A CONFIRMATION OF A SUCCESSFUL BREAKOUT OF A RETEST ON NEW SUPPORT AREA* - EUR/GBP is in a descending triangle pattern and is likely to break out and go back up to previous resistance areas - EUR is very bullish right now whereas GBP is bearish. UK’s PM will be making an announcement at 8PM tonight GMT possibly about extension of...

m-efe

What do you guys think? Scenario 1: retraces back towards 20 EMA and goes back to 142.00 on the Fibonacci expansion tool and with bullish stimulus of Brexit deal which is beneficial to sterling. Scenario 2: retraces back down maybe form a head & shoulders pattern and retrace back to previous support line of 137.100. Also there’s is a strong bearish pin-bar on the...