eurgbp is still in a bearish trend,
after a pullback to 0.868 structure resistance, we see a formation of a double top pattern
with 0.864 support.
the market has recently broken this support.
it will trigger the selling reaction from market participants and will drive the market to the market lows around 0.85
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Note
One more retestNote
market is close to T1
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.