Crypto_MD

GBPEUR Two Possible setups

Short
FX_IDC:GBPEUR   British Pound / Euro
Hi
As you can see in the chart, the price has formed an ascending channel, which I think might break it from the downside.
On the other hand, the election might affect this pair too, so it's a bit risky in this situation, but we're masters of risk, right? be careful of slippage.
Price is bearish on every timeframe; I suggest you zoom out and see the bigger picture.
----------------------------------------------------------------
What is your opinion? Comment it below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.


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.