For my previous post see below:
We saw a strong impulse higher for the EURGBP on the 4hr time frame and I'll be looking for a buy once the consolidation has finished.
However it seems like price is unfolding in the shape of a triangle of smaller degree which indicates that we might expect another corrective leg lower first.
Price action at the start of the trading week will show what to expect next. Updates will follow.
www.timstuyts.com
facebook/timstuyts/
We saw a strong impulse higher for the EURGBP on the 4hr time frame and I'll be looking for a buy once the consolidation has finished.
However it seems like price is unfolding in the shape of a triangle of smaller degree which indicates that we might expect another corrective leg lower first.
Price action at the start of the trading week will show what to expect next. Updates will follow.
www.timstuyts.com
facebook/timstuyts/
