#eurgbp
Pair is in descending channel for the last two months. EURGBP fails to break the channel either on both sides. Price has hit three to four times channel top and bottom and good reversal can be seen on chart. Again this time price is very close to the bottom vertical support of channel where chances are higher bull active again and push the price towards the Vertical resistance of descending channel. Last time on touch three I was bullish but price remains very short period of time as bullish then drop towards the channel bottom. Price behaviour is very tricky before trade check proper price action.
Chart PatternsTrend AnalysisWave Analysis

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