Get started
VasilyTrader

EURGBP: Top-Down Analysis 🇪🇺🇬🇧

Short
Euro / British Pound (OANDA:EURGBP)  
VasilyTrader  
OANDA:EURGBP   Euro / British Pound
Support and Resistance Multiple Time Frame Analysis Parallel Channel EURGBP EUR GBP pound euro priceaction priceactionanalysis priceactiontrading Contains image
13
5
supportandresistance mtfa parallelchannel eurgbp eur gbp pound euro priceaction priceactionanalysis priceactiontrading containsimage
snapshot

EURGBP is trading within a wide horizontal range on a daily.
Its upper boundary was reached last week.

Analyzing the reaction of the price to that, we can spot a narrow horizontal range
on an hourly time frame.
Its support has just been broken - it is an important sign of strength of the sellers.

I anticipate a further decline now to 0.8666 / 0.865

❤️Please, support my work with like, thank you!❤️
✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

VasilyTrader
GOLD (XAUUSD): Important Key Levels to Watch 🥇
VasilyTrader
NZDJPY: Breakout & Bullish Continuation 🇳🇿🇯🇵
VasilyTrader
CHFJPY: Bearish Outlook Explained 🇨🇭🇯🇵
VasilyTrader
Dow Jones Index (US30): Breakout & Important Zone to Watch
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.