mrleh

EURGBP long term sell already pushed over1000 pips,could we buy?

FX:EURGBP   Euro / Livre Sterling
EURGBP inside of a channel that has been said to be a long term sell, the channel only proves it further with fibonnaci & key areas combined...we have an overall trend downwards.

But wait, the current closing candlestick is closing above the strong key area, could this be a sign? Coudl EURGBP be buying instead?

Let's wait and see what candlesticks we can get over the next couple days. Very likely if EURGBP breaks out of the channel, we will BUY.


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