ðŸ’ķ💷 EUR/GBP Attention We Are Falling ðŸ’ķ💷

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ðŸ’ķ💷 EUR/GBP Attention We Are Falling

ðŸ’ķ💷 Nearest strong support zone: around fibo 0.5 level (0.8740).

ðŸ’ķ💷 Nearest strong resistance zone: Surrounding fibo level 0.382 (0.8870).

ðŸ’ķ💷 Technical environment:

- Moving averages: Uptrend

- MACD: Downtrend

- RSI: Uptrend

- Supertrend: Uptrend

ðŸ’ķ💷 Price action: EUR/GBP in Friday's session scored a strong price slide, the candle turned into a shooting star, and the upward correction established its peak near the 0.382 level of the entire upward wave, the technical environment looking at the indicators of technical analysis are still undecided to the direction, but looking at the formations there is a good chance to score a new downward wave. We still have some space to the nearest support zone so I recommend watching the behavior of the price.

ðŸ’ķ💷 The scenario I play out is to observe how the price will behave and whether it will continue to fall from current levels. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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