Hello, dear traders, we are new here, so we ask you to support our ideas by asking "SUBMIT" and COMMENTS, and you can also freely ask any questions in the comments, we will try to answer everyone, thank you guys.
Today we will look at the price of EUR/GBP.
I draw your attention to the chart, where we can see how the price is moving in the downward local trend.
We can also see how the price re-tested the resistance line and bounced.
In my opinion, the price can continue to fall and drop to the support area 0.8570-0.8550 where I saw our goal.
Also, the price can break through the support area and continue to decline, so I will update this idea for you If the market situation changes.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits
Today we will look at the price of EUR/GBP.
I draw your attention to the chart, where we can see how the price is moving in the downward local trend.
We can also see how the price re-tested the resistance line and bounced.
In my opinion, the price can continue to fall and drop to the support area 0.8570-0.8550 where I saw our goal.
Also, the price can break through the support area and continue to decline, so I will update this idea for you If the market situation changes.
I expect this scenario, so be prepared for the next moves.
Thank you for your time, we hope our work suits you and you are satisfied, we wish you a nice day and great profits