EUR/GBP is at its bearish trendline.
Also, two back to back bearish engulfing candles have formed at the trendline indicating the strength of the bears.
Hence we expect the pair to be bearish and head south from here.
Also, two back to back bearish engulfing candles have formed at the trendline indicating the strength of the bears.
Hence we expect the pair to be bearish and head south from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.