EURGBP | EVENTUALLY IT WILL FALL TOWARDS THE DOWNSIDE
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Looks like eurgbp has been trending towards the downside nicely, also giving us a huge bearish engulfing candle, not the best risk to reward on this trade, but since its very volatile I believe it might first have a pullback towards the moving averages before developing a new lower low towards the psychological level.
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Hello Forex Trading Lions! PLEASE ENJOY THE FREE IDEA!
Looks like eurgbp has been trending towards the downside nicely, also giving us a huge bearish engulfing candle, not the best risk to reward on this trade, but since its very volatile I believe it might first have a pullback towards the moving averages before developing a new lower low towards the psychological level.
Follow More In-depth Analysis & Check Out My Profile! PEACE <3