EURGBP rejecting highs. Bearish Head and Shoulders possible

20 בספט׳ 2016

EURGBP Daily – The long term view for EURGBP is still bullish but we expect a move to the downside until the end of the year. Prime medium support is at 0.8075. The daily chart and we are looking for a bearish Head and Shoulders to form.

Selling at current levels offers a great risk/reward trade.

A move through the neckline (at 0.8350) and we look to move stop to entry