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TG_Advisory

EURGBP SHORT

Short
Euro / British Pound (FX_IDC:EURGBP)  
TG_Advisory Updated   
FX_IDC:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators EURGBP EUR GBP BXY EXY
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trendanalysis chartpattern indicator eurgbp eur gbp bxy exy
Shorting opportunity on EURGBP pair. Bullish on sterling I believe it will appreciate significantly in coming weeks and months. Technicals - Price have reached 61.8% fib level on bigger move lower MACD shows divergence loosing bullish momentum on DAILY TF RSI overbought with divergence. 1st support level 89.1 that I belive will be broken and will act as resistance after that 2nd support 0.88 and final target 3rd support 0.865 with fib confluence. 4:1 RRR 300pips
Good Luck
Trade closed: stop reached
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