EURGBP has been in a strong downtrend since December. On the 1hour and the 4hour we can see a cup with handle been forming which after a bearish trend signals a reversal IF its succesful. We are waiting for the breakout before proceeding with an order.
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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.