EUR/GBP – Breakdown

EUR/GBP

Bearish: Currently we are at 0.8715 in the bottom of a range. We are looking for a continuation to the 0.786 Fibo at 0.8669 and then a continuation to the day support at 0.8622 as the overall target this week. The average daily true range (ATR) for the pair currently is 49 pips but it pays 33% more money than the EUR/USD.

EUR/GBP 240min Chart

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