Open trading account 
From 19th of July E/G is in bulish trend.
GBP is loosing power mostly because of BREXIT. BREXIT will be actual in the spring when nagotiations will start. It will be very interesting period for E/G.
But in the meantime it looks that E/G reached the top and that it is in the bearish trend.
If we look on weekly we can clearly see 5 Eliot waves.
I also marked several strong S/R levels on weekly chart.
On daily we have divergency which suggests bulish retracement.
Maybe it will bounce first to 0.9 b…
GBP is loosing power mostly because of BREXIT. BREXIT will be actual in the spring when nagotiations will start. It will be very interesting period for E/G.
But in the meantime it looks that E/G reached the top and that it is in the bearish trend.
If we look on weekly we can clearly see 5 Eliot waves.
I also marked several strong S/R levels on weekly chart.
On daily we have divergency which suggests bulish retracement.
Maybe it will bounce first to 0.9 b…