EUR/GBP SENDS CLEAR BEARISH SIGNALS|SHORT

13 thg 12

Hello, Friends!

EUR/GBP pair is in the downtrend because previous week’s candle is red, while the price is obviously rising on the 5H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 0.825 because the pair is overbought due to its proximity to the upper BB band and a bearish correction is likely.

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