2015-12-29_19-45-39eurgbp

On this eurgbp daily chart we have price at an area of resistance.

Price has been trading at a nice range. Therefore where price is now is a very interesting area.

We would be selling at the top of the range if you agree to be a bear on this chart.

If price starts to drop in direction of the fundamentals then two targets are displayed on the chart.

When would or could support number 2 be reachd? Lets look at the previous move from the low to the top and we might estimate to hold the trade for 20 days.

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