Euro / British PoundShort
EURGBP short - Is the recent rally over?
Looking at this set up on EURGBP. Evening star formation at the 0.5 FIB level on the daily charts indicates price is ready for a reversal.
EURUSD has also reached a resistance level (good correlation between EURGBP and EURUSD) which is an other bearish confluence.
What do you think of this analysis?
EURUSD has also reached a resistance level (good correlation between EURGBP and EURUSD) which is an other bearish confluence.
What do you think of this analysis?
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