EliteFxAcademy

EURGBP getting ready for sell

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FX:EURGBP   Euro / Libra Esterlina
Hello

Eurgbp is currentlz moving in range flow, but once it will confirm sell trend again you can start looking for sell on D1 and h4 timeframe. Price is holding position below overall channelling, but this is not clear confirmation for bearish move. Bearish move will be confirmed once price broke lower low of h4 timeframe and did a clear retracement. The second option is that price did a clear retracemenent from channell current resistance and close daily bearish candle.

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