EUR GBP SHORT
I have written a simple analysis for u guys. The pair EUR GBP seems to be on sellers market for a long term. However there is room to scalp for day trading since the price is currently consolidating on zone cC which is a descending Channel. The pair targets the last impulse top at 0.87847 where as the 90% rule of triangle may confirm price going to at best 0.85000. IF it corrects at 0.87600, price favours buyers market to 0.94000 early next year. Howerver in the daily time frame, the descending channel is on rise. Target entry at 0.88689b to 0.89300 exit for scalping . Happy trades
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