EURGBP | Bear Bias

OANDA:EURGBP   Euro / British Pound
The EURGBP is set to resume its macro short as a bearish Cypher harmonic pattern has been identified on the 4hr chart. This combined with the current daily bearish channel gives us good confirmation of our analysis
Shorts are expected to resume once the upper channel resistance has been tested and rejected
Price is expected to reach the lower support of the channel at 0.86700, while our invalidation zone is set at 0.89436
Nov 19
Trade active
Nov 20
Comment: Seek to move any stops to break-even at 0.88688
Nov 20
Comment: Seek to move any stops to break-even if viable
Nov 22
Trade closed: target reached: Closed with +54 pips
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