EURGBP Sell
Looking at the EURGBP pair, we can see they are at the top of the channel that has been in place for a while now. The pair has also made higher high's not supported by MACD & AO. Wait for a break below & close below of the trend line before selling. Alternatively wait for a break above close above the price channel before buying.
Note
Looks Like the pair did break above the channel, before returning back below the upper edge of the price chanel. If the pair break below the trend line, I would still expect the pair to try to reach the bottom of the channel. tradingview.com/chart/uE6vQLJG/
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.
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.