EURGBP Short
If we look at the EURGBP pair, we can see that the pair is getting close to a zone of previous resistance. The pair has also made higher highs not supported by the MACD & AO indicators. I would expect the pair to target the previous zone of support should it break below & close below the wedge.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.