EURGBP is approaching a major resistance level and dynamic resistance. The market dropped from this level twice.
Price broke out of the descending channel and started decelerating while approaching the resistance.
The market printed a bearish harmonic pattern, which adds more confluence to the level.
We anticipate a sell off and bearish move since price action in the consolidation phase.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price broke out of the descending channel and started decelerating while approaching the resistance.
The market printed a bearish harmonic pattern, which adds more confluence to the level.
We anticipate a sell off and bearish move since price action in the consolidation phase.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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