EURGBP: Important Breakout & Bearish Outlook 🇪🇺🇬🇧

Short

Euro / British Pound (OANDA:EURGBP)

Updated

OANDA:EURGBP Euro / British Pound

Wedge Support and Resistance Supply and Demand euro EUR pound GBP EURGBP Forex

wedgepattern supportandresistance supplyanddemand euro eur pound gbp eurgbp forex

snapshot

Hey traders,

EURGBP reached a major daily structure resistance yesterday.
Touching the underlined area we saw a sharp bearish move.
The price violated a rising wedge pattern to the downside.

Now I expect a decline to 0.8565 support.

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