EURGBP - Daily outlook

5 Mar 2016

Daily

- Break of rising channel
- Retracement into previous structure
- Potential for move higher to create the right shoulder of a H&S pattern confirming downtrend
- PA showing signs of bearish continuation (high test wicks)

5 Mar 2016

Not

*RSI diverdence

27 Mar 2016

Not

I'm still expecting a BIG move down with this pair.

- We're still showing big Regular Bearish RSI Divergence.
- Arguable Tweezer Tops
- Monthly outlook is at a major decision level (chart to follow with breakdown).