"EURGBP" by trader chris_naykene — published 2017-09-04

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Euro / British Pound (FX:EURGBP)

FX:EURGBP Euro / British Pound

Trend Analysis Chart Patterns Beyond Technical Analysis euro sterling pound short Parallel Channel retest Support and Resistance support

trendanalysis chartpattern beyondta euro sterling pound short parallelchannel retest supportandresistance support

The 1 month uptrend channel was broken to the downside, following the drop price moved back up to retest support. I am anticipating a new down trend is about to start so I am waiting to see which candles form next.

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