NEAR TERM more downside to go
eurgbp has more downside to 0.90 area. Sustained break below will continue to 0.8925 (38.2 fib from 0.8312 to 0.9306) i am expecting bounce at that level
and if it will break above 0.9202 resistance then the up trend will continue to the next target at 0.9306 and higher.
GOOD LUCK
Disclaimer
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.