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Euro / British Pound
Short

EURGBP at major support!

By PA-FX
Updated
EURGBP is now at major support, where we do have the bottom of that channel and MS1. The down potential is huge if we get a break below that MS1 support area. I will be looking for break and retest before shorting. Do not forget it is still a major support and we basically we should be looking for buy opportunities here. But for me i am only interested to short the break below support :)
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Support broken on 1H TF, letting thing develop first and will watch it again next week.
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Price is consolidating bellow support and seems he value is expected at this level. A break below this range here will open the door for much more down.
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Sorry for late update guys :) But support and low of the channel did hold as you see and for now the short idea is not valid anymore :)
Trend Analysis
PA-FX
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