ForexTrendline

Downtrend in EURGBP

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FX_IDC:EURGBP   Euro / Libra Esterlina
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!

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