Selling opportunity for EURGBP, 4h

16 ביולי 2020

EURGBP has a pretty strong resistance on the R2 level, the price failed to break it for some time.
RSI also is pretty overbought now, close to 70.
It seems like on MACD cross it can be a pretty good short trade.
1st target: 0.90
2nd target: 0.89

Disclaimer
Please remember that past performance may not be indicative of future results.
Due to various factors, including changing market conditions, the strategy may no longer perform as good as in historical backtesting.
This post and/or the script don’t provide any financial advice.