EURGBP is completing a possible ending diagonal in a critical S/R zone. Entry below support provides a substantial R/R with possible profit targets at the wolf wave profit line and at the .5 fib which coincides with wave ((iv)) price territory. Bearish Knoxville divergence combined with two unhit daily pivots will likely drag the pair down from current levels.
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.