EURGBP has had a fine run since the end of November and as the weekly chart shows, is approaching previous strong resistance, with a series of nice long wicks to the candles on the weekly chart shown in yellow. Ideally, I'd like to see it test those highs, then I'll be dropping down to a lower time frame to look for signs of a reversal, for a potential short this week.
For what its worth I had eg as a straight down reversal day of Fridays highs. Also like forkers chart and am short eur/usd. I shorted eu earlier and had a good draw from it and have reshorted from the 1400 level
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