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copperhead

EURGBP possible exhaustion of trend Short with Open spaces

Short
Euro / Livre Sterling (FX:EURGBP)  
copperhead  
FX:EURGBP   Euro / Livre Sterling
EURGBP short
1
0
eurgbp short
The pair has run into long term resistance and has weakening momentum and may have made a end of a 5th wave.

Buying interest seems to be currently waning which could lead to a squeeze. If the article 50 is slowed down or tomorrows speech is looked at as bullish for the Pound we could see a reversal.

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