EURGBP | EVENTUALLY IT WILL FALL TOWARDS THE DOWNSIDE

Short

Euro / Livre Sterling (FX:EURGBP)

FX:EURGBP Euro / Livre Sterling

trendanalysis indicator fundamental eurgbp eur gbp trading idea signals signal

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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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