InvestMate|EUR/GBP Didn't I say so?💶💷

💶💷EUR/GBP Didn't I say so?

💶💷As I wrote in my last post about the coming dips, as usual I was not wrong, this time it was time for an update. Link to the post below:

💶💷We will start with the fact that we broke through an important support zone and reached the 0.618 level from where I expect a retest of last resistance, the current support.

💶💷The new strong support zone I determined based on the measurement of the external fibo: 1.272 and levels where price has found resistance in the past.

💶💷 I expect a continuation of the downtrend which can only gain strength in the coming months.

💶💷💷The scenario I am playing out is a continuation of the southward direction, not excluding a test of the current resistance zone.

💶💷For fundamental data justifying the declines, I refer again to the previous post.

💶💷*Please do not suggest the path I have drawn with the lines this is only a hypothetical scenario for further increases.

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