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Theperfectionist

Overall view of EURGBP - Update of July 15th's week

Penjualan
Euro / Pound Inggris (OANDA:EURGBP)  
Theperfectionist Diupdate   
OANDA:EURGBP   Euro / Pound Inggris
Trend Analysis Harmonic Patterns Chart Patterns pound EURGBP euro currency Forex Bearish Patterns SELL
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trendanalysis harmonicpatterns chartpattern pound eurgbp euro currency forex bearish sell
The EURGBP pair has formed a regular upward channel which brought prices to the current yearly high. At every spike, there is a noticeable bearish pressure. The security is now consolidating and subjected to a selling pullback testing the active demand level. The bullish channel broaden by the slight decrease in volume displays increasing odds of a bearish trend debut.

Possible Targets: @0.89200 (+30 pips) or @90100 (+20 pips) in case of a bullish resumption.

Advice: Stay bearish and sell at any high level while we don't break upside @0.89800 level implying a bullish resumption.
Komentar:
The demand level could not be broke downside. After reaching @0.89800, the trend is heading @90100.
Trading ditutup: target tercapai:
Upside target reached

Ide yang Berhubungan

Theperfectionist
Trade of the Week - EURGBP according to EU and UK relations
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