After a nice uptrend EURGBP looks ready for the move down. Its at the top of a bearish wedge and since Fridays candle closes
red it rejected the resistance.
Take profit: 0.8930 > 0.8860 > 0.8770 > 0.8645
Take note its the daily time frame so the move to 0.8645 isnt done in one candle, 6-9 candles are more likely.
Stop: 0.9120
red it rejected the resistance.
Take profit: 0.8930 > 0.8860 > 0.8770 > 0.8645
Take note its the daily time frame so the move to 0.8645 isnt done in one candle, 6-9 candles are more likely.
Stop: 0.9120
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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.