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RealistFX

EURGBP- GREAT TRADE

Short
Euro / British Pound (FX:EURGBP)  
RealistFX  
FX:EURGBP   Euro / British Pound
Trend Analysis Harmonic Patterns Chart Patterns EURGBP
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trendanalysis harmonicpatterns chartpattern eurgbp
So. fundamentally first, the UK is hopefully coming out of lockdown in 12 days. Also, BoE comments are that any QE has finished hence the bullish nature of the pound this week.

Technically, classic set up.

3rd TL touch
61.8% fib
Daily resistance
Bearish MS (LL's and LH's)
Also loving the bearish doji rejection candle on the 4hr

5 confluences, for a 1;10 RR.
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