EURGBP falling to support zone

7 thg 12, 2020

My predictions for this pair continue to come true.
First, the price reversed from the resistance line and began to fall.

Then, from strong support, it began to grow.

As a result, it was able to break through the support line and grow to the next one.

Now the price has broken through the support line 0.907. But this is a false breakout.
Since the line is strong enough (March 2020) and always stopped the price growth.
I expect the price to fall per line. And the downtrend will continue. The fall will be moderate, I expect a halfway correction. But in the end the goal is a support zone of 0.819.

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