Euro / British Pound
Short
Updated

DeGRAM | EURGBP pullback from resistance

392
EURGBP is moving in an ascending channel between the trend lines.

The chart has reached the upper boundary of the channel and the dynamic resistance, and formed descending tops.

Previous reaches of the resistance level were accompanied by declines.

We expect a pullback to the 38.2% retracement level of the last bullish momentum.


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Trade closed: target reached

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