Short EURGBP this AM
Now that the BOE rate cut is done, 5 wave move higher in the cross complete with a spike high, bearish divergence in the process of forming and a potential shooting star on the dailies in process.
Bearish looking for a break and intraday closes below the March 3/4 highs c0.8744 for a move to the wave four low at 0.8621.
$GBP #forex #forextrading
Now that the BOE rate cut is done, 5 wave move higher in the cross complete with a spike high, bearish divergence in the process of forming and a potential shooting star on the dailies in process.
Bearish looking for a break and intraday closes below the March 3/4 highs c0.8744 for a move to the wave four low at 0.8621.
$GBP #forex #forextrading