EUR/GBP Possible Downtrend - 4 HR

The pair is trending upwards towards a supply zone - providing us opportunities for a possible sell off on the 4 HR chart.

We will be looking to execute a sell in the supply zone around 0.86800, as this is in the 50% - 61.8% Fibonacci retracement region - awaiting CSI confirmation.

Should the pair break above the supply zone, and pass 0.88400 we will consider this trade void.

Key Resistance Level: (SL) 0.88400

Entry: 0.86800

Key Support Level: (TP) 0.83250

EURGBP

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