bpemea

EUR/GBP - Technical Moolah!!

FOREXCOM:EURGBP   Euro / Paun British
That's the Stuff that nobody teaches you!!!
Have you ever thought about having multiple Support and Resistence lines?
This is pure Technical Analysis using only levels and trend lines! Don't complicate your Chart with all the indicators under the sky when all you need is a couple of technicals to trade short or long term!
In this particular Situation, EUR/GBP got a bit distracted from the main trend, kind of like starting a new uptrend but then we can observe that it was just a distraction and it's going to get back in it's trend as soon as it has the chance!
Penafian

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