Euro / British Pound
Short

DeGRAM | EURGBP at major resistance

389
EURGBP is in an ascending channel, but the price is in consolidation on the 4-hourly chart.

Price bounced off the resistance level that was tested multiple times before. Look left.

We expect the price to retest the support levels and further move down to the support levels.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

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.