EUR/GBP - SELL ON BEARISH RSI DIVERGENCE | 61.8 FIBONACCI
EUR/GBP has been progressing upwards at a stable rate and good pace over the past several weeks. I expect a local top at the 61.8 Fibonacci before turning over downwards.
1H RSI Divergence Expectation
VERDICT: When bearish RSI divergence is observed on the 1H-4H chart, I expect EUR/GBP to then roll-over downwards and correct reasonably.
1H RSI Divergence Expectation
VERDICT: When bearish RSI divergence is observed on the 1H-4H chart, I expect EUR/GBP to then roll-over downwards and correct reasonably.
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