Euro / British Pound
Short
Updated

DeGRAM | EURGBP will continue to decline

375
EURGBP is above the descending channel between the trend lines.

The price continues to move from the dynamic resistance.

The chart retains the actual formed harmonic pattern, but shows weakness when approaching the channel.

We expect the continuation of the decline after the support retest and consolidation in the channel.

-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!
Trade closed: target reached
Closed +59 PIPS

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.