EURGBP – Extremely Bearish

The EURGBP broke through an important LT support level (visible only in the weekly charts) around 0.8441:

EURGBP
EURGBP

I have the next LT support level resting at 0.8101, we’ll see if the market gets that low.

In the short term charts the EURGBP is trading in a very strong downtrend, below every important level.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .