Greetings Forexia Family, lets break down the analysis on EURGBP.
As i can see from the chart that the pair has been trapped the buyers at the top in the previous week. While, on Monday all buyers were taken out.
Besides, the pair during the uptrend it has formed a quite decent trendline which has been confirmed multiple times to make it valid to retail traders.
I believe the pair has more potentials to go down, after making the last buyer inducement.
I am waiting for this scenario to happen.
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