EURGBP Will Go Down! Sell!

2 jul
Take a look at our analysis for EURGBP.

Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is approaching a key horizontal level 0.849.

Considering the today's price action, probabilities will be high to see a movement to 0.845.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!

3 jul

Comentarios

Great beginning for a trade, let’s hope it goes further!