Week 1/31 - 2/5/16 EURGBP Outlook GBP Official Rate on 2/4

We have EURGBP losing upstream momentum on daily chart (red arrow).
Price failed to break above 0.7700 and currently retreated back down at the 0.7600 level while RSI and MACD both showing weakening.

Also price seems like on its wave C down to 0.7540

İşlem aktif:

Placed entry SHORT on 0.7577 as $EURGBP went under the 0.7600 level.

İşlem elle kapatılmış:

Choppy price action heading into the London section. Position closed.