MrB_

EURGBP Short

Short
FX:EURGBP   Euro / British Pound
Price has broken previous structure (blue box) and has now retested this level with the 38.2% Fib and round number as added confluence. if price can hold this lower high we would have a triangle/ wedge consolidation formation. ill be waiting for price to break the CTL retest and find an entry on the continuation. Targets will be 0.85000 which is the extension target of the higher time frame Fib