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EUR/GBP – possible sell, but only if the price passed below 0.7072

EUR/GBP – the trend is still Short

Mid-term movement is also Short, the price again passed below the MA`s, which are in bearish formation

The indicators shows that the movement is Short, but for confirmation of the direction i need the price to passed below 0.7072, because it might be a consolidation or test of the breakthrough from  yesterday

Only if the price passed below 0.7070 will give me a reason for position with determination of the entry on a little chart – it`s still early for sell


 Varchev Traders


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