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  • Vasily Trader

EURGBP: Be Prepared For Breakout



EURGBP is trading in a sharp bearish trend .


For now, 0.854 is a current structure low.

Though the price keeps setting lower highs, it didn't manage to set a new low.


The trigger that we are waiting for is a daily violation of the underlined yellow support.


Wait for a daily breakout (daily candle close below).


It will lead to a bearish continuation to new lows.


Next goal will be - 0.8485

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