EUR/GBP Sell
Good morning. Hope you guys are doing well. I want to give you guys some analysis 1 euro pound then I was looking at this morning. So you guys will have to go out to the Daily time frame to see the ascending Channel that price has been in for quite some time. So around 20th of June price respected the upper trendline of the ascending channel in Begin to Fall. Price then started to trend downward. This morning price is retesting a clear resistance and support level and it is having trouble breaking plus it is showing some bearish pressure. I don't know if price will make it all the way to the beginning of the ascending Channel but for the short-term I will be looking to sell this pair.
Penafian
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