Opportunity again with GBP! It's movement is very definite. As long as we have a rise in GBP and a weakness in EUR, EURBGP will move down!
Technically, we have an extremely well downtrend. On continuation, the first support is from the previous bottom 0.8741. And in case of a break comes 0.8693.
The scenario breaks down when the trend breaks and cross the previous peak!
If you have questions about how to trade this or another situation, contact us!