Downtrend in EURGBP
Opportunity again with GBP! It's movement is very definite.
As long as we have a rise in GBP and a weakness in EUR, EURBGP will move down!
Technically, we have an extremely well downtrend.
On continuation, the first support is from the previous bottom 0.8741.
And in case of a break comes 0.8693.
The scenario breaks down when the trend breaks and cross the previous peak!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
As long as we have a rise in GBP and a weakness in EUR, EURBGP will move down!
Technically, we have an extremely well downtrend.
On continuation, the first support is from the previous bottom 0.8741.
And in case of a break comes 0.8693.
The scenario breaks down when the trend breaks and cross the previous peak!
If you have questions about how to trade this or another situation, contact us!
To support us, like and comment!
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