Charts: 1 Day,1Week.
Indicators: Fibonancci Fan Lines 1D,1W Time Frame ; ;Support & Resistance Levels,RSI,EMA200,50.
Current Level : 0.8356
EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. We can see very well on the chart that recently EMA 200 cross with EMA 50 makes me belive the sell trend is strong & will continue in this dire…
Indicators: Fibonancci Fan Lines 1D,1W Time Frame ; ;Support & Resistance Levels,RSI,EMA200,50.
Current Level : 0.8356
EUR/GBP is in a channel down formation from 2009 followed by regular retracements.The pair encounter a major resistance at Fibonacci fan lines 1 W (0.8819) level from where it continued the bearish channel. We can see very well on the chart that recently EMA 200 cross with EMA 50 makes me belive the sell trend is strong & will continue in this dire…