EURGBP has Re-entered back into the falling wedge, breaks the support and made -580 points loss

EURGBP Analysis:

EURGBP has broken the top level of the Falling wedge pattern in the 4-hour timeframe chart.

falling wedge breakout on eurgbp h4 chart

After the confirmation of breakout, EURGBP buy signal is given.

But the market has Re-entered back into the falling wedge and breaks the support level which led to the stop loss price.

EURGBP market is all consolidating more between specific price ranges for a long time. 

Don't trade all time, Trade Forex only at Confirmed Setup