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Euro / British Pound
Long

EUR/GBP Wave Analysis

105

After dismal data from Britain, EUR/GBP was off to the flyers yesterday.
It could be interpreted as a wave pattern and is now forming wave 4.
Further, it is close to a congestion zone which could act as strong support.
Hence, we expect the pair to be bullish in the near-term.
traderpulse
Also on:
Chart PatternsEURGBPeurgbpanalysiseurgbpbullisheurgbpbuyeurgbpforecasteurgbplongeurgbpselleurgbpshorteurgbptrendWave Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Chart PatternsEURGBPeurgbpanalysiseurgbpbullisheurgbpbuyeurgbpforecasteurgbplongeurgbpselleurgbpshorteurgbptrendWave Analysis
traderpulse
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.