ForexTimes_
Short

EURGBP short term trade

FX:EURGBP   Euro / British Pound
Hello friend!

EURGBP cannot break the resistance line. After reaching a ten-year high, EURGBP is plummeting.
In the short term, I expect a fall to the level of 0.905.
Be careful when the price reaches a strong support level of 0.9093.

Share your vision of EURGBP in the comments and like if you agree with this idea.
Trade closed: target reached
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I also see a head and shoulders. It is interesting to see what this one does. Im in at the very top
Reply
It has been long overdue. Every data release for EU was negative yet the price kept above 0.909
Today and tomorrow are critical - if it does not manage to break the support in the coming 3-4 sessions - the price will try to make a lower high on D1 at 0.922
+3 Reply
Erland Erland
It broke the support and reached next support line of 0.904-0.905, where it should bounce back to 0.909 before a drop to 0.901
Reply
@Erland,
Yes
I see these targets too
Reply
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