EURGBP continues to grow in channel

30 Okt 2020

The pair continues to move in a downward channel.
On October 19, it broke through the resistance line (and returned back to the front of the channel).

Then it began to fall from the resistance line.

Broke another resistance line that formed inside the channel.

And now it continues to fall.
This is in line with my past prediction.
I expect the price to fall to the lower channel line - the support line.
Another support line (very strong) also runs at this point.
The price will bounce off the intersection of these lines and rise to the resistance linel.

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