EURGBP | TF: Daily | Bearish

27 thg 6, 2020

Weekly resistance and weekly support has put this pair in a clean ranged market for years. Therefore, 3 resistance confirmations might have its 4th confirmation for a potential turn to a downtrend. The zone located in the middle is the daily order block, which will likely assist the price to inflate after the rejection via the weekly resistance. There will be a massive surge in buy orders once reaching the weekly support.