Downtrend continuation - simple is good
The EURGBP has been downtrending strongly and has presently paused.
Before a trend continuation or trend reversal, Price Action may consolidate for a shorter or longer period.
Overbought Stochastics may suggest that Price Action will continue its Bearish momentum.
Risk Reward just under 1 : 2
Before a trend continuation or trend reversal, Price Action may consolidate for a shorter or longer period.
Overbought Stochastics may suggest that Price Action will continue its Bearish momentum.
Risk Reward just under 1 : 2
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