EliteFxAcademy

EURGBP broke important channel

Kort
FX:EURGBP   Euro/Brittiska pund
EURGBP broke important channel which gave new trend (lower timframe) dirrection. But as we see this might be just a fakeout on daily timeframe (following daily closing is important).

At the moment: H4 candle has already broke important weekly level, which is at very same spot as channel line (both line and level crossing).

Target are following support levels once price will hit down to Lower Highs..

Overall target might be down to lower channel line.

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