Euro Fx/Bảng Anh
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EUR/GBP: is it time to go short?

- A massive wick candle printed on the Monthly and Weekly timeframes
- Rejection of the local resistance that lines up with the 61.8% Fibonacci retracement level
- Formation of a top at the area of the upper boundary of the projected descending channel
- Weakening of the EUR against some other currencies (correlation-based confluence)
EURGBPFibonacciForexforextradinginvestroyParallel ChannelpriceactionSupport and ResistanceTechnical Analysis

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