EURGBP MARKET ANALYSIS

 Good morning traders, I hope you're all doing well it's another bright Thursday and today my focus is on EURGBP. Price broke below a key H1 & H4 demand zone at 0.83790 & 0.83630 and formed lower lows on H4 at 0.83350 confirming a shift in market structure to bearish. Price retraced to retest the broken demand as a new supply before a potential continuation of the drop lower. Price retested supply at 0.83700 and formed rejection wicks with candle closes inside the zone on H4 followed by a constant push away from supply. Took sell positions during London session at 0.83700 with SL at 0.83830. Setup taken is a drop base drop, a continuation setup and my target is at the next major H4 & daily demand zone at 0.82600.