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EUR/GBP BEARS ARE STRONG HERE|SHORT

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Euro / Paun British (FX:EURGBP)  
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FX:EURGBP   Euro / Paun British
Trend Analysis Chart Patterns Wave Analysis EURGBP short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

EUR/GBP is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a great trend following opportunity for a short trade from the resistance line above towards the demand level of 0.852.

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Penafian

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