EURGBP 1H👋 Hello and welcome traders to another trade
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Eurgbpshort
EURGBP TECHNICAL ANALYSIS; +200 PIPS MOVE WEEKLYOn the weekly chart the pair move in a range between 0.92230 and 0.88600, the resistance at 0.99230 hold perfectly and EURGBP didn't managed to form new highs, the support seems to be breaking and if we have the confirms that the support transforms into resistance (clear retest of key level: 0.88600 without breaking through) we might expect the formation of a bearish structure until 0.86780 key point.
Trade Analysis - EUR/GBP - ShortPrice pushed to our key area, and held below. We then saw price create lower lows and lower highs indicating the pair is moving in a downtrend.We are now ranging between support and resistance levels. I would like to see price move closer to our trend line, and give us clear rejections before entering a short position.