EURGBP Midterm Forecst and Short Opportunity

0.87400 – 0.87200 tested several times. Bullish trend on the bigger timeframes ended.

We see 2 different formations on the Daily Chart. Cup With a Handle and Descending Triangle.

0.87400 is the critical support. Bears can be more aggressive with the break out of the 0.87400 support.
We need to see a daily closing below 0.87400. Our targets will be :

0.8675

0.86

0.85

0.8470 and

0.82400.

Good Luck