Weekly Price Action Setups & Trade Ideas | Jul 28 - Aug 2

EURGBP_-_Running_Into_Major_Resistance

Chris Capre’s current live open price action and ichimoku trades: USDMXN, VIX, CAMP, EA

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EURGBP – Running Into Major Resistance (Weekly chart)

Price Action Context

After a failed bearish continuation + false break back above LT support in May, the strong MT bull run that followed has taken the pair all the way back up to a major LT resistance that has held since Q3 2017.

Trending Analysis

Overall neutral bias with the LT resistance offering potential bearish plays with …

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