- as we mentioned in our previous analysis - EURGBP closed bearish last week off the key resistance and with the commercials continuing to buy GBP the reversal seems to come.
- on H4 price moving below 50 EMA
- a breaks through the trendline we expect price to test the weekly level of 0.9000.
- set SELL STOP: 0.9118
- Potential target to reach: