The Euro Pound.

Good afternoon Dynamic Traders,

Sorry for the lack of updates, but I am trying to change internet providers and am currently running off a mobile service and so will be making the blogs as best I can.

Todays chart on the 4 hour timeframe is of the EURGBP, and I am waiting to see the outcome between the RSI convergence and the possible H&S pattern.

Once I have direction with a number of confluences I shall take this trade to whichever direction.
At present the price action does have a hammer candle at a support area but that is not to say it will not get broken.

Charts courtesy of AdvancedGet.

Happy trading.

Clayton Farnworth.