TECHNICALS | EURGBP Confluence of H&S, Trend-line & 200MA
Pre-positioning for a break of the trend-line and 200MA. If the neckline of the head & shoulders pattern is breached, there's likely to be some bearish price action.
Fundamentally, I see all the risks in the Euro vis a vis the Sterling. I think this could be the trade of the year!
Fundamentally, I see all the risks in the Euro vis a vis the Sterling. I think this could be the trade of the year!