More downside expected on EURGBP
as last weeks candle was a BEARISH
Maribuzo. With the H4 200 sma
and the DTF
200 both together, it would take something quite remarkable for the BULLS to defeat this level (.8622) and the path of leat resistance is clearly down. Oversold on H1 means we cannot rule out a bounce from these levels but any pullbacks are an opportunity to SHORT.