EURGBP Chart Technical Outlook

EURGBP Chart Technical Outlook breaks lower, there is scope for a further correction towards 0.8530
The EUR/GBP has broken the base of the weekly ascending triangle and is pushing against 0.8560 support. The Evening Star, in the daily chart and the bearish divergence in 4H charts suggest that a deeper correction is likely.

Below 0.8560 a triple top will be confirmed with, the next target at 38.2% Fib. retracement at 0.8530, ahead of 0.8500. Resistances remain at 0.8620 and 0.8645.

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