EURGBP

  • On the 4 hour charts EUR/GBP is currently in strong Bullish Trend, but as I anticipate EUR/USD to turn Bearish and GBP/USD to turn Bullish in the Medium-Term I would expect EUR/GBP to turn Bearish in the Medium-Term.

  • A full reversal of the current EUR/GBP Bullish trend could find strong support around 8.150.

Conclusion:

  • In the Medium-Term I anticipated EUR/GBP to reverse to a Bearish trend with Bearish targets @ 8.240/8.180/8.150