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EURGBP: Important Structure Breakout
Euro / British Pound
Short
EURGBP: Important Structure Breakout
By VasilyTrader
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Aug 29, 2020
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Aug 29, 2020
Confirmed violation of strong horizontal support and new lower low lower close on a daily on EURGBP.
now bearish continuation is highly probable.
The next strong support is based on June's structure and 618 of the last bullish impulse.
0.8875 is the first goal for sellers.
In case of a further decline, the next goal will be 0.88 level based on spring's price action and 786 of the last bullish impulse
Chart Patterns
EURGBP
euro
Fibonacci
forecast
GBP
money
pound
poundsterling
Support and Resistance
Technical Analysis
trading
VasilyTrader
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