Hello traders!
‼️ This is my perspective on EURGBP.
Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower.
Fundamental analysis: This week on Thursday will be released Bank Rate on GBP, which was forecasted to increase, this means strength in currency, so it will support our analysis.
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‼️ This is my perspective on EURGBP.
Technical analysis: Here we can see the confirmation of AMD Pattern, as for the last couple of days price was in a range and now price manipulated buy side liquidity and rejected from bearish order block, so I expect the distribution lower.
Fundamental analysis: This week on Thursday will be released Bank Rate on GBP, which was forecasted to increase, this means strength in currency, so it will support our analysis.
Like, comment and subscribe to be in touch with my content!
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t.me/Snick3rSD1
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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.
❗️Check out my telegram channel with premium content.
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - 100% deposit bonus -best trading conditions.
nmaffen.com/c1mp99nemznd
t.me/Snick3rSD1
🌶 SpiceProp has 5% discount for any challenge.
🎁 Discount Code - SNICK5
💵 NPBFX broker - 100% deposit bonus -best trading conditions.
nmaffen.com/c1mp99nemznd
Related publications
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.