Euro / British Pound
Short
Updated

DeGRAM | EURGBP downturn in the channel

107
EURGBP is moving in a descending channel between the trend lines.

The price has fallen under a strong resistance level coinciding with the 38.2% retracement level.

We expect the decline to continue after the resistance retest.

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Trade closed: target reached
Closed +45 PIPS

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