EURGBP - Intraday - We look to Sell at 0.9108 (stop at 0.9138)
Broken out of the triangle formation to the downside. The formation has a measured move target of 0.8560. Bespoke support is located at 0.9017. Risk/Reward would be poor to call a sell from current levels. Reverse trend line resistance comes in at 0.9087. Bespoke resistance is located at 0.9108.
Our profit targets will be 0.9020 and 0.8860
Resistance: 0.9087 / 0.9108 / 0.9200
Support: 0.9017 / 0.8856 / 0.8800
Broken out of the triangle formation to the downside. The formation has a measured move target of 0.8560. Bespoke support is located at 0.9017. Risk/Reward would be poor to call a sell from current levels. Reverse trend line resistance comes in at 0.9087. Bespoke resistance is located at 0.9108.
Our profit targets will be 0.9020 and 0.8860
Resistance: 0.9087 / 0.9108 / 0.9200
Support: 0.9017 / 0.8856 / 0.8800
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