EURGBP: Very Bearish Outlook 🇪🇺🇬🇧

Short

Euro / British Pound (OANDA:EURGBP)

Updated

OANDA:EURGBP Euro / British Pound

supportandresistance supplyanddemand flagpattern eurgbp euro pound poundsterling gbp eur forecast

EURGBP recently reached 0.866 - 0.868 major resistance cluster.
Then the price dropped sharply.
Bears managed to break a support line of a bearish flag pattern on a daily.
It may lead to a further decline.

If you missed shorting opportunity, consider the retest of the broken support as the point to sell from.

Next goal for sellers - 0.846

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