EUR/GBP - LOSING MOMENTUM | BEARISH RSI DIVERGENCE STILL INTACT

• See linked below my previous EUR/GBP idea where I planned a bullish forecast
  
• Although price has dropped noticeably lower, the RSI bearish divergence is still printing
  
• tThis indicates that although we are dropping below a significant support level, the strength of the bearish price is getting lower and lower
  
• As a result, I still believe we will retrace upwards and push back up above the support given we are also printing a descending wedge
  
• Long position still open and expecting the retracement soon
  

تعليق:

Previous EUR/GBP idea