Cable Smashed! Can EURGBP Hold ?

in forex •  5 years ago 

GBPUSD is around 100 pips from the Monthly Trendline Support Zone following relentless selling.

Chart Link - https://www.tradingview.com/x/vhxNLjP1/

Im looking here to go contrary to the GBP sell off with short side scalps on EURGBP , whilst anything is possible , generally big Monthly based levels usually dont bust through with ease.

Trendline resistance is around the 0.92 Psychological level.

Chart Link - https://www.tradingview.com/x/zLrMjmMV/

Cheerio
FXcrypto

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