EURGBP seems like out of fuel to go up. It may start dropping and it has reasons to.
Fibo ext. 2.618 + fibo 0,886 divergence on daily AO, trend line crosses and price actions suggest that up move is over.
Lets see together
Fibo ext. 2.618 + fibo 0,886 divergence on daily AO, trend line crosses and price actions suggest that up move is over.
Lets see together
Trade active
Trade closed: stop reached
GBP is so weak to push the pair downside...
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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.