EUR / GBP: downtrend, medium movement - short, and long short-term movement.
The price reached a horizontal resistance level - 0.7481 and 50% retracement of the Fibo - strong resistance levels.
price action: Three inside Down - revarsirasht bearish signal
The indicators are still bullish formation but they are late the signals of price action
It's bette to wait a rcorrection to the middle of the current bar 0.7400, stop 0.7497.
Sentiment: the foundation of the GBP is stronger than the EUR.
Stefan D. Angelov - Head of Stocks Trading
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