EURGBP: Short Bias
EURGBP is in the forming of triangle, and also in downtrend since being rejected by 0.93 in daily chart.
Downtrend resistance 0.898-0.899 has be validated. The recent highs and lows seem to come together, but I believe the long-term resistance will show its strength.
Target: 0.8870 - 0.8880
Downtrend resistance 0.898-0.899 has be validated. The recent highs and lows seem to come together, but I believe the long-term resistance will show its strength.
Target: 0.8870 - 0.8880
Trade active
Opened position at 0.8965
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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.
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.