EURGBP's situation+next targets and expected movements.

✅Based on the analytical method in the CTS strategy, the EURGBP currency pair is in a downward phase by reaching a PRZ zone.

🌟 bearish signals in the PRZ area are:
- Resistance zone
- Fibo 38%
- Moving EMA50

⭐ and the downward signals of market momentum are:
- Divergence in MACD
- RSI trend line break

✳️ Note that the price has reached the PRZ area and the entry trigger will be activated when the short-term upward trend line is broken, of course, the second scenario is to correct the price to a higher PRZ. On the other hand, if the second PRZ is also broken upward with the strength of bullish candles, this analysis of ours will be failed.


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Have a nice day and Good luck.

Trade geschlossen: Ziel wurde erreicht