Analysis

EURGBP - We look to Sell at 0.8517

EURGBP - We look to Sell at 0.8517 (stop at 0.8547)

EURGBP - An Evening Star formation has been posted at the high. Inside Soldiers have been posted on the daily chart. Selling posted in Asia. There is no clear indication that the downward move is coming to an end. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 0.8517, resulting in improved risk/reward. Our profit targets will be 0.8450 and 0.8375.

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