FUNTRADER-Vera

0202 MonthP5 EURGBP will make a new low down to 0.81

Short
FX:EURGBP   Euro / British Pound
EURGBP is now on a very strong downtrend on monthly chart. The next monthly support will be 0.81, 300 pips from now.

On the left weekly chart, EURGBP could not break up through the middle line of BB. Its now going to challenge the 1st green support zone.
Once this one is broken, it will become a new resistance zone for EURGBP to pull back, like the purple arrows.

Good luck on finding out ur entry to sell.

LESS IS MORE!

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