EURGBP - Intraday - We look to Sell at 0.9205 (stop at 0.9235)
A 5 wave bearish count has been completed at 0.9090. Buying posted in Asia. Posted a Bearish Outside candle on the Weekly chart. The medium term bias remains bearish. Trend line resistance is located at 0.9191. Bespoke resistance is located at 0.9205. Preferred trade is to sell into rallies.
Our profit targets will be 0.9090 and 0.9010
Resistance: 0.9192 / 0.9205 / 0.9324
Support: 0.9090 / 0.9007 / 0.8947
A 5 wave bearish count has been completed at 0.9090. Buying posted in Asia. Posted a Bearish Outside candle on the Weekly chart. The medium term bias remains bearish. Trend line resistance is located at 0.9191. Bespoke resistance is located at 0.9205. Preferred trade is to sell into rallies.
Our profit targets will be 0.9090 and 0.9010
Resistance: 0.9192 / 0.9205 / 0.9324
Support: 0.9090 / 0.9007 / 0.8947
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