EURGBP: Descending Trend Still Remains

Looking at ichi cloud, we are able to see that the downtrend movement currently is strong. We have yet to see any form of a trend reversal for EURGBP. For now, I am an eyeing on a supply zone which I have identified. We should be expecting a clean rejection off that level before a BEARISH continuation. There is 2 potential level for TP: 0.8727 support level and 0.8642 support level. Having said that, I am seeing a strong support level at 0.8727 thus only hold your trades if we managed to see a clean breakout.

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Chart PatternsEURGBPeurgbpanalysiseurgbpshortTechnical IndicatorsTrend Analysis

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