Title
EURGBP Day | Bearish continuation
Type
Bearish Breakout
Preference:
The current price is on the pivot point at 0.85259 an overlap support, it could breakout and continue with the downtrend and fall to 1st support at 0.83371, the swing-low support.
Alternative scenario:
If the trend reverses and bounces off the pivot point, it might rise to 1st resistance at 0.86919, the swing-high resistance.
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Source: Tickmill