xsk

EURGBP Short

Short
FX:EURGBP   Euro / British Pound
EURGBP seem to be repeating a previous pattern. Stochastic's showing signs of downward movement on the 4hr timeframe. RSI also oversold supporting downward movement. MACD has not crossed yet and may be the final indicator to wait on before entering this trade. Large risk to reward ratio on this trade if executed after awaiting confirmation.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.