EURGBP Monthly Resistance & Lower High
Updated
EURGBP Sell
Entry Price: 0.88497
SL: 0.88800
TP: 0.87311
Price bouncing off Monthly resistance (Pink Horizontal line)
Forming Lower high Within Trend channel
Price has broken out of rectangle but this could potentially be buyers running out of steam
Stochastic over bought
Fundamental news for GBP tomorrow which if positive could see price take a dive
Entry Price: 0.88497
SL: 0.88800
TP: 0.87311
Price bouncing off Monthly resistance (Pink Horizontal line)
Forming Lower high Within Trend channel
Price has broken out of rectangle but this could potentially be buyers running out of steam
Stochastic over bought
Fundamental news for GBP tomorrow which if positive could see price take a dive
Trade closed: stop reached
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