848evo

[ANALYSIS] EURGBP Headed Downward

Short
FX:EURGBP   Euro / British Pound
0
EURGBP has broken out of the previous range box and appears to be headed toward the target box at the touch of the TL and .236 fib level as well as strong support level. I'm looking for PA to make it's way down before bouncing off that level back up. If PA breaks the target box to the downside, I would look for a move further down to re-test the 50% fib.
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.