EUR/GBP Short Resistance
Updated
EUR/GBP Near heavy level of resistance and it's hitting the overall down trend line - drawn from the hour 4 chart using basic price action.Currency is also near the weekly high. Hourly candle also formed what looks like a spinning top. Also a sign of a reversal.
I can see it dropping to at least 0.73850 then retracing back up. This is if it does have resistance on our level. Theoretically, of course. Trade safe and have a great weekend!
I can see it dropping to at least 0.73850 then retracing back up. This is if it does have resistance on our level. Theoretically, of course. Trade safe and have a great weekend!
Trade closed: stop reached
Stop loss hit. Take profit should have been less.
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