EURGBP
BIAS: BEARISH
DAILY TRENDLINE BEEN BROKEN
MONTHLY SUPPORT ACTED AS SUPPORT TWICE BACK IN JULY 2013 & SEPTEMBER 2014 BUT NOW ACTING AS RESISTANCE SINCE FEBRUARY 2016
200 EMA ALSO ACTING AS RESISTANCE
RETRACED AT OUR 50%FIB
RSI WAS SHOWING OVERBOUGHT BUT NOW HEADING DOWN TOWARDS WHAT I BELIEVE UNDER LEVELS 0.70000
*DON'T GO OFF MY JUDGEMENT, DO YOUR OWN ANALYSE
BIAS: BEARISH
DAILY TRENDLINE BEEN BROKEN
MONTHLY SUPPORT ACTED AS SUPPORT TWICE BACK IN JULY 2013 & SEPTEMBER 2014 BUT NOW ACTING AS RESISTANCE SINCE FEBRUARY 2016
200 EMA ALSO ACTING AS RESISTANCE
RETRACED AT OUR 50%FIB
RSI WAS SHOWING OVERBOUGHT BUT NOW HEADING DOWN TOWARDS WHAT I BELIEVE UNDER LEVELS 0.70000
*DON'T GO OFF MY JUDGEMENT, DO YOUR OWN ANALYSE