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Euro / British Pound
Short

EURGBP: Strong Bearish Signal Detected 🇪🇺🇬🇧

296
snapshot

EURGBP broke and closed below a key daily horizontal support.
After a breakout, a broken structure was retested and the price
formed a narrow horizontal range on that.

A breakout of the support of the range with a high momentum bearish candle
this morning is a strong intraday bearish confirmation.

The price may keep falling now at least to 0.836

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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.