EURGBP Expect strong selling starting next week.EURO / BRITISH POUNDFX_IDC:EURGBPTradingShotThe EURGBP pair is currently trading around its 1W MA50 (blue trend-line) and above its 1W MA200 (orange trend-line) but it's far from being a comfortable Support. The reason is that both in terms of 1W RSI and 1W MACD, it exhibits the same type of price action as the Bear Cycle of 2023. That was in the form of a Channel Down and started after a Bull Cycle (Channel Up into Higher Highs blow-off top) that was similar to 2025. As a result, we expect the pair to extend its decline within a similar Channel Down towards the 0.618 Fibonacci retracement level. Our medium-term Target is 0.85000. --- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** --- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇