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DeGRAM
Sep 11, 2023 8:47 AM

DeGRAM | EURGBP broke reaction zone in descending channel  Short

Euro Fx/British PoundFXCM

Description

EURGBP is trading in the descending channel. The market is in a bearish trend.

Price rebounded from the resistance, broke, and closed below the significant level where price dropped.

We expect the price to retest the support levels and further move down from the resistance.


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Comments
darlingtonchigozie02
so good
VincePrince
Well approached!
ArmanShabanTrading
Strong analysis!
Mihai_Iacob
Informative analysis. Useful for traders.
DeGRAM
Good luck in the markets and have a great trading week!
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