EURGBP - Broken trendline signals bearish continuation
Updated
EURGBP seems to have broken the conjunction of ascending trendline and significant support cum resistance zone. Awesome oscillator is also below zero with red bars signaling bearish pressure. Fundamentally British election euphoria might lend more strength to pound vis a vis Euro. Price is expected to test the resistance and then rebound for bearish continuation.
Trade closed: target reached
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