Hello everyone.

Let’s take a look at the EUR/GBP hourly chart.

We saw a high in May and am currently in a movement down. Look for the downward trend to continue, potentially to the .8500 area and below.

Apply a Fibonacci to from the low in mid-February to the high in early May and watch for key retracement level prices.

Good luck with trading and be sure to apply your money management and use your stops.

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