Gk1fx EURGBP Thread

anyone think this bad boy has the legs for 100% retrace up to .90818/90614 area? hit resistance @ 78.6 fib…


down to the 4hr - rsi making new lows but not PA


down again, this time to 1hr. divergence again.


trade idea


The hanging man on Wednesday proposes a bearish view of EruGbp. The stochastic is overbought, and I believe it is possible to come back to area 0.84.

Week closure with a shooting star and below the long term down trend line. Is it maybe the beginning of a fall for EurGbp?

The British GDP in the first quarter gives wings to the Pound. EURGBP stops its fall on the low of April 1st.