EURGBP Short term Trendline Breakout
As seen on the H1 chart, EURGBP broke down the short term trendline.
0.90600 is the key intraday support.
If the pair breaks below 0.90600, 0.90320 will be the next target of the pair.
It is too early to talk about a trend reversal, this can be used as an intraday trading opportunity.
Update: Targets Reached
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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
EURGBP: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility