Are we seeing a new downtrend on EURGBP?
I'm seeing a series of lower highs and lower lows... Is this an indication of a new possible downtrend? I'm not necessarily advising to short EURGBP right now but this could be the beginning of a bigger downtrend. This is just kind of a theory and not an investment advice. I'll keep y'all updated if there will be any trades to make on this chart. Thanks for all the support :)
Disclaimer
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.