On the EURGBP daily chart we can see that the pair is testing lower wedge line 8.5000 level. Break of this level would expose a test of 0.8262, also a 200 SMA (blue line), for possible extension downside.
Happy trading! (click on the chart to enlarge it)
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now and become a member here
How our trade alerts workWe have also prepared Black Friday special offer 30% off on Three months Premium membership plan!