EURGBP - Bullish Case of MACD Divergence and Butterfly Patters
EURGBP is exhibiting bullish tendencies as it had bounced off from the base of harmonic butterfly pattern and also formed bullish divergence on MACD scale. Both lines on MACD are entrenched above the zero line indicating bullish scenario in short term.
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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.