EURGBP - Still Bearish

Hi Traders!
The market is now in a strong downtrend.
In a healthy trend, it is often difficult to look for an area from where the market could bounce back or continue.
That's why we use the 50 period MA to identify where the market is at an important level.
Now the market is in a retracement move.
The 50 period MA is also touching the price, so now it could possibl continue its trend.
The risk-to-reward ratio is 1 to 2.
We recommend to sell the Trend Continuation at the resistance area and the 50MA.

Thanks and good luck :)!