EURGBP has broke below daily support with a strong bearish impulse after a impulse you expect to see a correction, also on the daily market has formed this nice M formation in which we expect to complete at the neckline giving us an upside target... we will be waiting in the premium group on lower timeframes for new bullish structure to form and entry rules to be met before we can look to catch the corrective move and completion of the M formation.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.