EURGBP: Bearish Continuation

Short

Euro / Livre Sterling (OANDA:EURGBP)

Mis à jour

OANDA:EURGBP Euro / Livre Sterling

supportandresistance fibonacci flagpattern euro pound forex

Hey traders,

EURGBP is retesting a strong confluence zone:
we see a perfect match between a horizontal daily/4h structure & fib retracements of the last two impulses.

As a confirmation, the price managed to break and close below a support line of a bearish flag pattern.

Now bearish continuation is expected.

First goal:
0.86

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