LONG TERM OUTLOOK ON EURGBP - January 7th 2020

So as You can See Labeled we are in a Wyckoff Distribution Schematic, and it looks very very solid that we can and will be in the bigger scheme of things shorting the market. on the Short term though as we are near higher time Frame supports we can expect small retracements, they will not be as high probability but we will be looking to capitalize on them if they do show us the risk to reward