EURGBP is still under pressure

EURGBP continues to stay under pressure, inspite of a chart formation being built near current price levels. Euro displays weakness against most of other major currencies including Pound Sterling.

So, if the price slides down to the border of the shown widening formation, it's possible to observe a continuation of downtrend with a target built by the measured move to the downside.

Don't forget - this is just the idea, always DYOR and never forget to manage your risk!