EURGBP - Market is clearly bearish in a strong downtrend, on the daily timeframe we have recently broke below support with a strong bearish impulse, which has been followed by a correction we are now waiting on 4hr TF for the correction to slow and new bearish structure to form , if all rules are met we will be taking a nice short TP will be the 0.272 of the fibonacci taken on the daily retracement.
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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.