omsaravanabaava

EURGBP 1:14 RR Sell Setup - Smart Money Concept

Short
FX:EURGBP   Euro / British Pound
EURGBP

EUR/GBP rebounded strongly after hitting 0.8201 last week. But a temporary top was formed at 0.8434 and initial bias is neutral this week first. On the upside, above 0.8434 will target 0.8476 structural resistance first. Firm break there will carry larger bullish implication and target 0.8598 resistance next. On the downside, break of 0.8315 minor support will retain near term bearishness, and bring retest of 0.8201 low.
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