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EURGBP: Multiple Time Frame Analysis & Bearish Outlook 🇪🇺🇬🇧
Euro / British Pound
Short
EURGBP: Multiple Time Frame Analysis & Bearish Outlook 🇪🇺🇬🇧
By VasilyTrader
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Apr 9
5
3
3
Apr 9
https://www.tradingview.com/x/dZtse7po/
Take a look how EURGBP reacted to a daily falling trend line
on a 4H time frame.
The market started to consolidate within a narrow range
and was stuck within for 2 trading days.
Today we see a strong bearish movement with a confirmed violation
of the support of the range.
It indicates the strength of the sellers.
We can anticipate a bearish movement lower, at least to 0.8562
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EURGBP
euro
Forex
forexsignals
GBP
Multiple Time Frame Analysis
Parallel Channel
pound
Technical Analysis
trading
Trend Lines
VasilyTrader
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