EURGBP: Important Structure Breakout (Structure Analysis)
🔻EURGBP is currently trading below a major horizontal weekly/daily level.
0.886-0.889 structure was perfectly respected multiple times since spring 2020 and strong bullish impulses legs followed from that.
Being broken to the downside recently, that structure turned into a major structure resistance .
Now we have a bearish bias on a pair, and in a long run, we expect a move to the downside.
The next major support is 0.87