Hey traders, GBPEUR is in a bearish fake dynamic with old resistance from 2016, we can see traces of sellers. It blocks will make a correction attempt to regain its price line which corresponds to the retracement of 50% of the fibonacci retracement but a diagonal support retains the structure in buy. To go to the top of resistance to make a retest with a breakout at the level of 1.1806 the fibonacci retracement required.
Please LIKE & FOLLOW, thank you!
Please LIKE & FOLLOW, thank you!