we are looking for this pair to go short during London and USD session as buyers seem to be in the 0.83700 area
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Our previous analysis on shorting EUR/GBP was correct. Now, we need to pay attention to this support zone. If the price manage to break the support zone with strong strength, wait for pullback and short for it :)
EG still wait for break grey-line. if EG can't breakout, We still no order here. Use Sell stop @H1 for jump in.
Compare with BASE POUND PAIRS... --- Neg.Divergence Bull Exhaustion Time to relive the pressure Target marked