The breakout of the trading range formed between 0,8900 and 0,9050 will probably lead the pair lower to 0,8800 - 0,8820 region (61,80% Fib reference from the whole move 0,8450-0,9400)
Price action is hovering around the 100 and 200 day moving average on the daily chart, undoubtedly a convergence spot to bear in mind for the euro bulls. Keep an eye on 0,8800 area.
Note: I’m adding Bollinger Bands to my setup
EUR/GBP Daily & 4 hour charts:
César B.Leiceaga
How to profit from FX Markets by 




Hi Cesar: Tks for study. Sorry I havnt been at home today.
It looks to go down to your level. Hope stays and recover with tom. news.
Hi Carlab,
eur/gbp just touched bearish trendline resistance at 0,8910 and apparently reversing. Let’s see what happens from here…