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Euro / British Pound
Short

Potential down move soon.

71
EURGBP is trading within a well established daily bearish channel. Scaling down to the 4hr timeframe, we see price is retracing and is approach resistance + channel resistance + 100SMA. Any rejection and a break of structure in this area should signal a move down to the next key support at 0.85
Blackboot_Battalion
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Moving AveragesSupport and ResistanceTrend Lines

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Moving AveragesSupport and ResistanceTrend Lines
Blackboot_Battalion
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.