We have a short trade setting up last week.
This trade is setting short for 100 pips which seems getting close done.
On weekly chart, EURGBP has made 3 weeks moving beneath the blue pressure zone.
And finally last week it gave us a reverse hammer as bear signal. That makes the red broken trendline is still valid for sellers who is looking for strong POUNDS coming in 2019 when BREXIT could make some meaningful progress.
For the coming week, EURGBP is still down for us . GBPUSD could have more space up than EURUSD.
Less is more!
On weekly chart, EURGBP has made 3 weeks moving beneath the blue pressure zone.
And finally last week it gave us a reverse hammer as bear signal. That makes the red broken trendline is still valid for sellers who is looking for strong POUNDS coming in 2019 when BREXIT could make some meaningful progress.
For the coming week, EURGBP is still down for us . GBPUSD could have more space up than EURUSD.
Less is more!
