• Vasily Trader

EURGBP: Breakout Again! Bearish Continuation?!

EURGBP broke and closed below key daily structure support again.

Now the broken level turned into strong resistance.

Analyzing 4H, I have identified an intraday supply area.

It is based on a broken horizontal structure and a falling trend line .

From that, the price will most likely drop.

Goal - 0.8476