Dear All,

Today I am looking at the EUR/GBP on the monthly and weekly timeframes.

https://exacttrading.com/home-2/march-2022/

This one has been trending to the down side for around two years and I managed to play several successful short side trades through the inevitable pull back and shake outs.

If it breaks from here to the downside, it could run fast as the Brexit move could be closed.

More likely is an upside move, which can be seen from the consolidation in price on the monthly, ever so slowly the upside candles are over powering what is left of the sellers.

Kind regards

Paul Langham