Wave-Trader

EURGBP Big drop is ahead

שורט
Wave-Trader מעודכן   
OANDA:EURGBP   יורו / לירה שטרלינג
Hi there,

EURGBP is setting up for big drop.

Currently we are having some pressure on EURGBP because of that Brexit related issues. Once this issue gonna be settled down. We will see sharp sell on the EURGBP. We are expecting sharp sell on the EURGBP.

If you are not in this trade from previous sharp sell in last week then watch for the lower time frame correction before you trigger the sell. Correction is required before any sell at current price.

In case, if we dont see correction on lower time frame and price starts to go back up for one more bullish wave then look for short term buy and then sell again from new high or previous high.

EURGBP is struggling for upside we are expecting sharp fall on it.

Good Luck.

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