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Capitalflowsam

EURGBP - Reject or Break?

Euro / British Pound (FX_IDC:EURGBP)  
Capitalflowsam  
FX_IDC:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns EURGBP eurgbpanalysis Forex Technical Analysis
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trendanalysis chartpattern eurgbp eurgbpanalysis forex technicalanalysis
4H - expecting rejection either at the current price or the price zone (0.91731) - No bearish signs yet

1H - 2 Bearish engulfings + signs of rejection + Downtrend move, Market finding a LH.

Key Elements that is against our bias: 4H - Buyers Volume is quite heavy, we should see if our Resistance Area/Level is strong enough to reject the buyers.



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Sam
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