EURGBP Reversal
Bearish:Currently we are @ 0.8819 after setting a hard top on the range. IF we can break here, we are looking for a continuation initially to the 0.214 Fibo/ATR Target @ 0.8775 and then to the 0.382 Fibo @ 0.8717. The average daily true range (ATR) for the pair currently is 51 pips but its 180-day ATR is 63 pips a day.
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{[comment.author.username]} {[comment.author.username]} — Marketfy Staff — Maven — Member
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