ForexTrendline

Will the decline in EURGBP continue?

Short
FX_IDC:EURGBP   Euro / Britisches Pfund
Again EURGBP and again a sell opportunity.
The trend of almost all periods is down and we are looking for positions in the direction of the main movement.

At the moment, however, we do not have to enter into a trade directly.
We have to wait for the price to confirm. For this purpose we must have a break below the previous bottoms and the support zone around 0.8600.

This will allow the price to continue down to 0.8565 and 0.8526

If you have questions about how to trade this or that situation, contact us!

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