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theselfishtrader

Possible short opportunity brewing

Short
Euro / British Pound (FX:EURGBP)  
theselfishtrader  
FX:EURGBP   Euro / British Pound
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals swingtrading trading EURGBP
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trendanalysis chartpattern indicator forex forexsignals swingtrading trading eurgbp
Price has found support at 0.896
Price has retraced to the 61.8% Fibonacci level
There is confluence with the 200EMA and a previous pivot point around 0.890
Price is likely overbought

Watch for selling opportunities targeting the 38.2% Fibonacci level/0.894 support zone
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