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FX.co ★ EURGBP M30: Bearish Rectangle

EURGBP M30: Bearish Rectangle

Bearish RectangleThe Bearish Rectangle has formed on the EURGBP M30 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8551–0.8551 and the upper boundary at 0.8565–0.8565. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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