I have been shorting this pair for a while now. Since it has been on a downtrend with predictable pullbacks and FIB retracements!
A 4hr Candle just closed testing the Bearish Flag that broke out recently from GBP strength.
This technical analysis has been respecting a weekly structure and is now on course to test the lower Trend Line of this structure.
I am expecting price to test the 0.74 and 0.73 handle. This is where I will be taking profits!
R
A 4hr Candle just closed testing the Bearish Flag that broke out recently from GBP strength.
This technical analysis has been respecting a weekly structure and is now on course to test the lower Trend Line of this structure.
I am expecting price to test the 0.74 and 0.73 handle. This is where I will be taking profits!
R
