Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
EUR/GBP STILL BEARISH FROM A MEDIUM TERM
As we can see price is still trading inside this bearish channel making clean lower lows and lower highs
However, and for now price is around our falling trendline where we will be looking for the next bearish movement
For the bears to kick in we need a break below the marked major swing low then a further movement lower would be expected as a new bearish movement
Until that price can still trade higher to dive inside our resistance zone before reversal
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!