EURGBP – Still led by sellers

EURGBP – Still led by sellers

Trend: Strong sell

Support/Resistance:
R2: 0.85740
R1: 0.85439
S1: 0.85306
S2: 0.84885
S3: 0.84145

Price action:
Sellers went down to test buyers, and thanks to buyers, they did very nice retest to our new R1. Target are following supports. If buyers still showing power, then they have to first break R1 and hold above for (IF) decisions.

Potencial trade idea:
Bulls targets:
T1: 74.532
Bears targets:
T1: 0.84885
T2: 0.84145

NOTE – We are trading EURGBP via the preferred trading setups

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