Euro / Livre Sterling
Short

EURGBP FOREX PAIR 2H TIME FRAME DATE 7/24/2024

120
As discussed over the weekend, I maintain a bearish bias on EUR/GBP, driven by both fundamental and technical analyses that point towards a continuation of downward momentum. This sentiment is bolstered by the prevailing strength observed in the Pound.

The established trading framework remains robust, with multiple confirmatory signals already validated. Entry models are converging with our expectations, prompting active pursuit of potential breakout opportunities. This setup is construed as a 'risk-off' play, offering compelling upside potential."

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