EURGBP in bearish channel

[toddfogal]

I’m seeing EURGBP travelling in a downward sloping channel and all the indicators seem to agree

I’ve been short this since last weeks CPI report on Wednesday had have now about come back to being even with my entry price.

[toddfogal]

That same pair but daily instead of 4 hour, just to put into perspective how beautifully well defined the channel is.