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Euro / British Pound
Short

EURGBP Waiting for Breakout

By DubbsyFX
The major trend lines were drawn from the 4HR Chart. First off, way too many lines, but it all makes sense right? I am looking for price to break the current upward trend or my drawn Support. If this price breaks the trend support, I would wait for a retest, all really depends. Major area of confluence due to the 200 EMA being so close by to possibly act as a support (which it has been at previous bounce off support). Looking for short entries and looking for a breakout when support is broken. Add any other information if you'd like. Thank you.
Exponential Moving Average (EMA)EURGBPsupportTrend Analysis
DubbsyFX

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