EURGBP Short Bias
EURGBP has recently broken its 0.86000 support level and, having been in the distribution phase for the previous 10 months now, we can expect it to move downwards, starting the decline phase. Be advised that this is a long term setup and we cand expect a couple of strong corrections on the way down.
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.