I believe that we are temporarily bearish on EURGBP. We are not ready to fully decide whether or not to say that we are in a trend reversal, but
from what I see, it is a possibility. Price has been respecting the .8850 Montly Level/Resistance. If we break the strong level of .8750. We may be in
store to see a trend reversal. We've already broken the monthly and weekly ascending trend line so anything is possible. Targets are shown on chart.
Safe Trading
Risk Reward:
Target 1: 1:6
Target 2: 1:3.5
from what I see, it is a possibility. Price has been respecting the .8850 Montly Level/Resistance. If we break the strong level of .8750. We may be in
store to see a trend reversal. We've already broken the monthly and weekly ascending trend line so anything is possible. Targets are shown on chart.
Safe Trading
Risk Reward:
Target 1: 1:6
Target 2: 1:3.5