I see a strong trend-following pattern on EURGBP.
After a bearish wave, the price formed a symmetrical triangle formation.
A breakout of the support of a triangle is a strong bearish signal.
It signifies the strength of the sellers and a highly probable
bearish continuation.
Next support - 0.8502
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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.