Looking at ichi cloud, we are able to see that the downtrend movement currently is strong. We have yet to see any form of a trend reversal for EURGBP. For now, I am an eyeing on a supply zone which I have identified. We should be expecting a clean rejection off that level before a BEARISH continuation. There is 2 potential level for TP: 0.8727 support level and 0.8642 support level. Having said that, I am seeing a strong support level at 0.8727 thus only hold your trades if we managed to see a clean breakout.
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Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
