Gold-Tech

💱 EURGBP - The triangle hints at the continuation of the fall

Short
FX:EURGBP   Euro / Livre Sterling
EURGBP continues to decline. There are signs on the chart, which tell us that the currency pair is ready for further weakening

TA in the high timeframe:
1) A strong bearish trend
2) The price is set at the support at 0.85400. Consolidation is forming and the market is preparing to go down
3) The area of 0.85400, where the key liquidity zone is located, could become a target

TA on the low timeframe:
1) We have a descending price channel, which points to the current trend
2) A triangle is forming and after a resistance retest the price will form a consolidation near the support of the figure.
3) A pre-breakdown consolidation is likely to form, a breakout of support at 0.85450 is possible.

Key support: 0.85450.
Key resistance: 0.85670

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.