The EUR/GBP pair is forming a Cup & Handle pattern, signaling a potential bearish breakout. The market is testing the support line, and a strong bearish candle will confirm the move downward. Stay patient and wait for confirmation! 🔥
📊Technical Analysis
✅ ☕ Cup & Handle Pattern – A bearish continuation setup
✅ 📉 Support Line Test – Price approaching a key breakdown level
✅ 🔻 Breakout Confirmation – Wait for a strong bearish candle to enter
🎯 Technical Target Levels:
📌 0.822 – First target for short-term profits
📌 0.800 – Extended target for deeper downside
📢 Trading Strategy:
🔹 Wait for a confirmed break below the support line
🔹 Ensure strong bearish momentum before entering 🔥
🔹 Follow the downtrend for maximum profits
🔹 Set stop-loss above the handle formation for risk management
📉 A major move is coming—stay patient, follow the trend, and capitalize!
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