EURGBP SHORTS FROM MAJOR DAILY REGION OF RESISTANCE

Good morning traders,

Today i release an analysis of the EURGBP.
After rejecting clean from a Region of daily Resistance which is also the 0.90000$ Keylevel,
we now see some Bearish momentum.

on the lower timeframes (h4.h2,h1) we rebroke the descending trendline and now still trading below.

I think it should fall into the Base Region of 0.88750$ if we get more Selling pressure.


Lets see how this play out.


Thats just educational purpose, no advice.

~your Tradingpurpose~

Comment:

I adjust my stoploss to break even due to the Trendline which maybe will hold very well.

i also close 20% of my position at +40 pips.