EURGBP Short Trade Plan Midterm

Indicators: EMA 50 and EMA 100, Murrey Math

Patterns: Channel Breakout

As you will see on the H4 Chart, the pair is likely to retest 0.88500.

0.88200 will be the target of the pair after the breakout of 0.88500 resistance.

If the price breaks below the trend line – Fundamentally and Technically 85% Possibility – add Short Positions with the target 0.87900.

Break below 0.87900 would be the confirmation of 0.87400 and 0.87200.

This is our roadmap of EURGBP trading as long as the price remains below 0.89100.