EURGBP appears to have broken through a strong supportive trendline with a very powerful bearish movement, indicating that we may see price drive itself further downwards. Ideally, bears should wait for a pullback to the supportive trendline and look for bearish pressure there to go short. Ensure that you use proper risk management and first wait for a valid entry to present itself.
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Best of luck traders!
Be sure to follow me for more ideas and analyses.
Best of luck traders!