DeGRAM | EURGBP broke through the trend line

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EURGBP is in a descending channel above the trend lines.

The price is moving from the support level and the lower boundary of the channel.

The chart formed a harmonic pattern, broke the upper trend line and reached the 50% retracement level.

The indicators indicate that a bullish divergence is now being worked out on the 4H Timeframe.

We expect the growth to continue after consolidation above the correction level.

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