Euro / British Pound
Short
Updated

EUR/GBP: Bearish news in the Euro

77
Euro has a bad news about the prospect sanction what US firm and that will impact in the Euro currencies.

So, in this analysis, Euro/Great Britain Pound it's look into this bearish continuation that we could to entry to shorting Euro to down.

snapshot

In H4 it's look bearish!!!

snapshot

And this it's the Daily analysisis outlook what Euro it's droping and we could to find down the support 0.8290 Pound.

So guys, I entry in short position in the 0.8355 Pound and SL to 0.8384 Pound (24 pips) and target to 0.8290 Pound (69 pips).

I hope that this analysis suppor;t you
Note
Euro continue weakness in front of Great Britain Pound as I predicted very well.

At least, this it's my shortly update that we continue in short and i dont identify any bullish signal for now and not break even yet. We hope that Euro will continue weakness during the next hours until reach our target to 0.8290 Pound
Note
snapshot

This it's the panoramic in Daily timeframe as we're in the bearish channel, Euro could to hit 0.8290 Pound and included 0.8255 Poud in the demand line inside of this chartist pattern. But I prefer my target that will be the same for now.
Note
snapshot

H4 TIMEFRAME to watch

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.