After forming a double top at the .618 fib level price has now broken the neck line on this pattern and price should continue to fall to previous lows before hitting support.
Both the GBP and Euro are quite bearish at the moment but the sterling is still fundamentally the stronger currency out of two and I will remain short on this pair.
Both the GBP and Euro are quite bearish at the moment but the sterling is still fundamentally the stronger currency out of two and I will remain short on this pair.
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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.