Euro / British Pound

Short

EURGBP Sell to 0.83100

Updated

H4 and H1 now aligning to be in a bearish structure. Waiting for pullback around 0.837/0.838.

Fundamentals:

EUR - renewed energy crisis worry and Nord Stream 1 capacity

Note

EURCHF creating LLs & LHs and has now broken 0.837.

We already have initiated our sells from 0.83680.

A retest of 0.83700 for the day to continue its downside is ideal. Will see how price develops.

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