EUR/GBP Continuation


There we have a EUR/GBP pair at the 4h timeframe. As we can see we have a nice downtrend here.

The price sitting at the strong 0.85520 support right now.

If the price will break this support to the downside we will see a strong bearish drop.

If the price will stay above the 0.85520 support we can expect to price to go higher.

The next important resistance is 0.86804

The next important support is 0.84835