British Pound / Euro
Short

GBPEUR - 1H CHART ANALYSIS

Hi everyone,

Please see attached my GBPEUR chart analysis on the 1H timeframe.

As we can see there is a resistance line which is being respected as price has pushed up and been forced down multiple times.

I am expecting a potential touch and a push down to the box drawn out around the 1.1575 mark.

As always wait for confirmation of this, wait for bullish candles first to show signs of a reversal to the downside.

Patience's is key in these trades, add them to your watchlist and wait for confirmation.

Any likes and comments would be appreciated.

DWFX

Disclaimer