EURGBP short - Is the recent rally over?
2020-03-05 04:24:44
Looking at this set up on EURGBP. Evening star formation at the 0.5 FIB level on the daily charts indicates price is ready for a reversal.
EURUSD has also reached a resistance level (good correlation between EURGBP and EURUSD) which is an other bearish confluence.
What do you think of this analysis?